NY A 1553
in committeeRequires companies aided by loans under Mitchell-Lama to notify tenants of buy out from mortgage options and a report by the commissioner or supervising agency
New York · 2025-2026 Regular Session · lower
Quick answers
Did NY A 1553 pass?
Not yet. NY A 1553 is in committee as of 2026-01-07 and has not come to a final vote. Latest recorded action (2026-01-07): REFERRED TO HOUSING
What is NY A 1553 about?
Requires companies aided by loans under Mitchell-Lama to notify tenants of such housing of the possibility of buyout from mortgages held which would potentially result in rent increases not later than twelve months prior to proposed dissolution; provides such notice shall inform tenants of the nature of the action, the date intended, the applicable laws and a summary of the potential consequences including expenses and rent increases which may be charged; requires the commissioner or supervising agency to prepare a report to be made available to the tenants of the project.
Who sponsors NY A 1553?
Linda Rosenthal is the primary sponsor of NY A 1553.
Description
Requires companies aided by loans under Mitchell-Lama to notify tenants of such housing of the possibility of buyout from mortgages held which would potentially result in rent increases not later than twelve months prior to proposed dissolution; provides such notice shall inform tenants of the nature of the action, the date intended, the applicable laws and a summary of the potential consequences including expenses and rent increases which may be charged; requires the commissioner or supervising agency to prepare a report to be made available to the tenants of the project.
- Introduced
- —
- Latest action
- 2026-01-07 — REFERRED TO HOUSING
- Bill type
- bill
- Last updated
- —
Sponsors
- Linda Rosenthalprimary
Committees
Not provided by source.
Action timeline
2025-01-10
REFERRED TO HOUSING
referral-committee
2026-01-07
REFERRED TO HOUSING
referral-committee
Versions
- A1553Compare
Documents
Votes
Not provided by source.
Related bills
- Prior session: A 3729not in this corpus
- Prior session: A 6568not in this corpus
- Prior session: A 5559not in this corpus
- Prior session: A 4190not in this corpus
- Prior session: A 3682not in this corpus
- Prior session: A 4706not in this corpus
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:28:30.722574Z
Inspect retained evidence for changes recorded after evidence tracking began:
Session-wide evidence can include changes to other bills:
Use this data
Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=NY&identifier=A 1553. See the API docs or the MCP server for AI assistants.
Known limitations
- Sponsor party and chamber affiliation are not yet captured by this API.
- Committee referrals are not yet captured.
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