New York policy
A7072: Entitles senior citizens to a refund of any security deposit exceeding one month's rent
NY Assembly · Sponsor J. Gary Pretlow
- Jurisdiction
- New York State
- Applies to
- New York State (proposed)
- Effective
- January 7, 2026
What it requires
Limits the amount of security deposit for residential rental premises which may be charged to a senior citizen who has occupied the premises for five years or more to the equivalent of one month's rent; entitles a person who has attained the age of sixty-two to a refund of that portion of any security deposit held by the landlord which exceeds one month's rent.
ny-stateassemblylegislationbill
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