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New York bills · 2025 Regular Session

New York A 6696

Relates to tenant security deposit accounts and administrative expenses to which a person may be entitled

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

Sponsors

Cosponsors (2)

Summary

Official abstract published by the New York legislature

Provides that a landlord depositing security deposits in an interest bearing account shall be entitled to receive as administration expenses a sum equivalent to 20 percent of the interest earned by such security money per annum, but not to exceed one percent per annum of the money so deposited.

Text versions

Roll-call votes

No recorded votes on this bill.

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