An Act relative to preventing algorithmic rent fixing in the rental housing market
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill aims to prevent landlords from using algorithms to unfairly increase rents in the rental housing market. It seeks to ensure that rent increases are transparent and not manipulated through automated systems. The legislation seeks to protect tenants from potentially excessive rent hikes driven by algorithmic practices. It establishes the Preventing Algorithmic Rent Fixing in the Rental Housing Market Act.
Key provisions
- Prohibits landlords from using algorithms to determine rent increases.
- Requires transparency in rent increase calculations.
- Establishes the Preventing Algorithmic Rent Fixing in the Rental Housing Market Act.
- Addresses potential algorithmic rent fixing in the rental housing market.
- Focuses on protecting renters from unfair rent increases.
Who is affected
- Renters
- Landlords
- Housing Market Participants
Notable changes
- The bill introduces regulations regarding the use of algorithms in setting rental rates.
- It seeks to prevent what could be considered a form of price-fixing through automated systems.
Bill text
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Sponsors
Official sponsors from legislative records.
6 on record
Primary sponsor
Michael O. Moore
Cosponsors
James B. Eldridge
Michael O. Moore
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