Assembly BillIntroduced
A 2652: Extends the timeline for the return of security deposits for residential rental agreements from fourteen days to thirty days.
What A 2652 does, verified January 8, 2026
The proposed law aims to extend the timeline for landlords to return security deposits to tenants. Currently, landlords must return the deposit within 14 days of the tenant vacating the premises. The new law proposes to increase this timeline to 30 days. If a landlord fails to provide the tenant with an itemized statement of the deposit retention, if any, within 30 days, they will forfeit their right to retain any portion of the deposit. This change is intended to provide tenants with more time to receive their deposits and to hold landlords accountable for their obligations.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: referred to judiciary (2026-01-07)Alert me
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | referred to judiciary |
| Jan. 21, 2025 | referred to judiciary |
Latest bill textIntroduced version, January 21, 2025 · 246 words
STATE OF NEW YORK ________________________________________________________________________ 2652 2025-2026 Regular Sessions IN ASSEMBLY January 21, 2025 ___________ Introduced by M. of A. SAYEGH, HYNDMAN, PAULIN, EACHUS, MANKTELOW, DAVI- LA, LEMONDES, SIMON -- read once and referred to the Committee on Judiciary AN ACT to amend the general obligations law, in relation to extending the timeline for the return of security deposits for residential rental agreements from fourteen days to thirty days The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (e) of subdivision 1-a of section 7-108 of the 2 general obligations law, as added by section 25 of part M of chapter 36 3 of the laws of 2019, is amended to read as follows: 4 (e) Within [fourteen] thirty days after the tenant has vacated the 5 premises, the landlord shall provide the tenant with an itemized state- 6 ment indicating the basis for the amount of the deposit retained, if 7 any, and shall return any remaining portion of the deposit to the 8 tenant. If a landlord fails to provide the tenant with the statement and 9 deposit within [fourteen] thirty days, the landlord shall forfeit any 10 right to retain any portion of the deposit. 11 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD05457-01-5
Text of A 2652 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions