WeVote
Log In

Bill

Bill

S 8215

Relates to rent guidelines boards and the factors to be considered in establishing annual rent adjustments; repealer

2025 Regular Session Introduced by Mike Gianaris and 2 co-sponsors

The bill changes the factors rent guidelines boards must consider when setting annual rent adjustments and repeals certain existing provisions.

REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
0
WeVote Research Nonpartisan
Bill Summary · S 8215

Summary of S 8215 — Relates to rent guidelines boards and the factors to be considered in establishing annual rent adjustments; repealer

Overview

S 8215 is a New York State Senate bill introduced on May 21, 2025. The bill focuses on rent guidelines boards and the factors they must consider when establishing annual rent adjustments, and it includes a repealer of existing provisions. The Assembly counterpart is A 8533. The bill has been referred to the Housing, Construction and Community Development committee.

Purpose and intent

  • The bill aims to modify the operations and governance of rent guidelines boards, specifically by changing the factors that must be considered when setting annual rent adjustments.
  • It also includes a repealer, indicating that certain current statutory provisions related to rent guidelines or the factors used to determine adjustments would be removed or replaced if enacted.

Key provisions (as indicated by the title)

  • Amendments to the statutes governing rent guidelines boards.
  • Specification or alteration of the factors that rent guidelines boards must consider when establishing annual rent adjustments.
  • Repealer of one or more existing statutes or provisions related to rent guidelines boards or rent adjustment factors.

Note: The exact language, the specific factors to be added or removed, and the provisions repealed are not provided in the information available here. The bill’s text would detail these changes.

Who is affected

  • Tenants residing in units subject to rent guidelines adjustments.
  • Landlords and property owners subject to rent guidelines boards.
  • Rent guidelines boards and the state or local agencies that oversee them.
  • Depending on the final text, local housing authorities and municipalities implementing rent guidelines could also be affected.

Procedural timeline and status

  • Introduced: May 21, 2025.
  • Status: Referred to the Housing, Construction and Community Development committee.
  • Version note: The legislative actions list the same committee action twice, which appears to be a clerical duplication rather than substantive difference.
  • Related legislation: Companion bill in the Assembly is A 8533.

Sponsors

  • Primary sponsor: Michael Gianaris
  • Cosponsors: Toby Ann Stavisky; Robert Jackson

Potential impact (dependent on enacted text)

  • By altering the factors considered in rent adjustments, the bill could influence how quickly or slowly rents may change year to year in governed units.
  • The repeal component could remove or modify existing criteria or processes, potentially shifting the balance of tenant protections and landlord costs.
  • Overall effects would hinge on the precise factors preserved, added, or removed and the scope of the repealed provisions.

For readers seeking a detailed understanding, the next step is to review the bill’s full text and any fiscal notes or committee reports once available.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.