A 3989
Restricts use and sale of algorithmic devices for establishing rent price or occupancy of residential property.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill prohibits the sale and use of algorithmic devices that set, recommend, or advise on rent prices or occupancy rates for residential properties in New Jersey. It aims to prevent landlords from using these tools to coordinate and artificially inflate rents, which can contribute to housing instability. The bill defines ‘algorithmic device’ and ‘non-public competitor data’ for the purpose of applying New Jersey antitrust laws. Violations can result in significant penalties, including fines and potential dissolution of businesses.
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Primary sponsors
Ravi Bhalla
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