A 6696 New York Assembly · 2025 Regular Session

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

Summary
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.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 6, 2025 Last action Jan 7, 2026
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO JUDICIARY
lower
Mar 6, 2025
Committee
REFERRED TO JUDICIARY
lower
1 primary · 2 co-sponsors

Sponsors