A 2729 New York Assembly · 2025 Regular Session

Relates to requirements when landlords offer tenants the option of rent reporting

This bill (A 2729) requires landlords to offer tenants the option to have their rent payments reported to credit bureaus to improve their credit scores. Landlords must provide written notice at lease signing and annually, detailing the reporting terms, including a $5 monthly fee limit (if charged), and explaining how tenants can opt in or out (with a 6-month waiting period after opting out). It directly affects renters seeking to build credit and landlords who must follow specific disclosure rules. The law does not require reporting but mandates clear tenant consent and transparency about the service.

Issues: ✓ Housing

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 22, 2025 Last action May 20, 2026

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What changed between versions

A2729 → A2729A · 4 edits

MODERATE

The bill was amended to clarify that landlords must provide a specific, standardized notice before reporting negative rental payment information to credit agencies. It also reorganized the law to distinguish between the rules for reporting negative information (which now requires a prior lease notice) and positive information (which requires a separate written election by the tenant).

Scope change

The bill's scope was refined to explicitly cover both negative and positive rental reporting under distinct procedural requirements, ensuring clearer obligations for landlords regarding tenant consent.

REQUIREMENT

Added a prohibition on reporting negative rental information unless the landlord provided a specific notice in the original lease or contract, with a standardized text example.

Restructured the law to separate the requirements for reporting negative information (landlord-initiated notice) from positive information (tenant-initiated written election).

DEFINITION

Clarified the definition of 'nationwide consumer reporting agency' to include agencies that resell data to major nationwide agencies.

TECHNICAL

Updated the bill's title to reflect the dual nature of the reporting requirements and corrected the legislative session page numbering.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 20, 2026

Committee

REPORTED REFERRED TO CODES

lower

May 18, 2026

Lower · Passed

PRINT NUMBER 2729A

lower

May 18, 2026

Lower · Passed

AMEND (T) AND RECOMMIT TO HOUSING

lower

Jan 7, 2026

Committee

REFERRED TO HOUSING

lower

Jan 22, 2025

Committee

REFERRED TO HOUSING

lower

1 primary · 2 co-sponsors