Rent Decontrol Lease Information Requirements
Summary
New York State Senate Bill S09650 would prohibit landlords from including incorrect rent decontrol information in leases and renewals. Landlords who violate this requirement would face a $1,000 fine per violation. The bill also mandates standardized notices for units subject to the Affordable New York Housing Program.
What changed
Senate Bill S09650 proposes to add new disclosure requirements for landlords regarding rent decontrol information in residential leases and renewal agreements. The bill creates a specific penalty of $1,000 per violation for landlords who include incorrect rent decontrol information. Additionally, the legislation requires standardization of notices for units covered by the Affordable New York Housing Program.
Landlords and property management companies in New York should monitor this legislation as it progresses through the Senate Housing, Construction and Community Development Committee. If enacted, entities would need to review and update lease templates to ensure accurate rent decontrol disclosures and proper Affordable New York Housing Program notices. Compliance costs may include legal review of existing leases and staff training on the new requirements.
What to do next
- Monitor bill progression through the Senate Housing, Construction and Community Development Committee
- Review current lease templates for rent decontrol disclosures
- Update lease agreements to include standardized Affordable New York Housing Program notices if bill passes
Penalties
$1,000 fine per violation by landlord
Source document (simplified)
NY S09650 | 2025-2026 | General Assembly
New York Senate Bill 9650
NY State Legislature page for S09650
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Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on March 31 2026 - 25% progression
Action: 2026-03-31 - REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT
Pending: Senate Housing, Construction, and Community Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Prohibits landlords from including incorrect information relating to rent decontrol in certain leases and renewals thereof; imposes a violation punishable by a fine of $1000 for a violation by a landlord; requires the standardization of certain notices pertaining to units subject to the Affordable New York Housing Program.
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Title
Prohibits landlords from including incorrect information relating to rent decontrol in certain leases and renewals thereof; imposes a violation punishable by a fine of $1000 for a violation by a landlord; requires the standardization of certain notices pertaining to units subject to the Affordable New York Housing Program.
Sponsors
| Sen. Liz Krueger [D] |
History
| Date | Chamber | Action |
| --- | --- | --- |
| 2026-03-31 | Senate | REFERRED TO HOUSING, CONSTRUCTION AND COMMUNITY DEVELOPMENT |
Same As/Similar To
A00659 (Same As) 2025-06-10 - substituted by s450
New York State Sources
| Type | Source |
| --- | --- |
| Summary | https://www.nysenate.gov/legislation/bills/2025/S9650 |
| Text | https://assembly.state.ny.us/leg/?default_fld=&bn=S09650&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S09650 |
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