S1235 — Caps the amount of collectible rent increases due to major capital improvements at six percent of the legal regulated rent

S1235 — Caps the amount of collectible rent increases due to major capital improvements at six percent of the legal regulated rent · Informed CitizenryThis bill amends the Emergency Tenant Protection Act of 1974 to cap the annual rent increases that can be collected to amortize the costs of major capital improvements. Specifically, it limits thes…Open in Informed Citizenry