Establishes Statewide limitation on rent increases.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill establishes a statewide limit on how much landlords can increase rent. Rent increases are capped at 5 percent plus the change in the cost of living, or 10 percent, whichever is lower. Several exceptions apply, including new construction, affordable housing units, and certain types of properties. The bill also aims to prevent landlords from raising rents excessively before its enactment and allows tenants to challenge lease agreements that violate the new regulations.
Bill text
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Document of record
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Sponsors
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1 on record
Primary sponsor
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