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Prohibits the use of an algorithmic device by a landlord for the purpose of determining the amount of rent to charge a residential tenant; declares that such use is an unfair or deceptive trade practice.
AI Summary
NY S02697: Prohibits landlords from using algorithmic devices to determine rent, declaring such use as an unfair or deceptive trade practice.
Business Impact
If you are a landlord in New York, you must stop using algorithmic devices to set rent by the effective date or face penalties.
What do these statuses mean? ▼
Introduced
— Filed in the legislature; not yet heard in committee
In Committee
— Assigned to and being reviewed by a legislative committee
Passed
— Approved by one or both chambers; awaiting further action
Signed / Enacted
— Signed into law by the governor; may or may not be in effect yet
Dead / Vetoed
— Vetoed, failed to pass, or session expired without action
Unknown
— Status data not yet available or awaiting classification
Affected Industries
Topics How we classify →
What This Means
Prohibits landlords from using algorithmic devices to determine rent, declaring it as an unfair or deceptive trade practice under New York law.
Key Provisions
- Prohibits landlords from using algorithmic devices to set residential rent amounts.
- Declares such use as an unfair or deceptive trade practice under New York law.
Latest Legislative Action
REFERRED TO JUDICIARY
Bill Sponsors
| Name | Role |
|---|---|
| Brad Hoylman-Sigal | Primary |
| ORTT | Primary |
| PARKER | Primary |
| Pete Harckham D | Primary |
| SEPULVEDA | Primary |
Compliance Checklist
Cease the use of algorithmic devices for rent determination
Who: Landlords
Deadline: Effective date of the bill
Penalty: Subject to penalties under Article 22-A of the General Business Law
Who: Landlords
Deadline: Effective date of the bill
Penalty: Subject to penalties under Article 22-A of the General Business Law
Related & Companion Bills
New York S09700 — Prohibits the use of an algorithmic device by a landlord fo…
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New York A04991 — Prohibits the use of an algorithmic device by a landlord fo…
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Illinois HB5871 — ALGORITHMICS PROHIBITED-RENT
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Illinois HB1427 — ALGORITHMICS PROHIBITED-RENT
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Kentucky HB201 — AN ACT relating to the use of algorithmic devices in settin…
→
Full Legal Analysis
Re-checked & corrected (2 fixes). Score: 85% → 90%. The AI-generated analysis accurately reflects the key aspects of the bill, including the prohibition on using algorithmic devices to set rent. The bill declares such use as an unfair or deceptive trade practice without specifying detailed classifications or consequences.
Official Source
Official Bill Text
View S02697 on official legislature website →
Related Topics
Affected Industries
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