An Act prohibiting algorithmic rent setting
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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 prohibits landlords from using algorithms to determine rental prices. The goal is to prevent discriminatory or unfair rent increases based on automated calculations. It aims to ensure that rent adjustments are based on factors like property costs and market conditions, rather than potentially biased algorithms. This legislation seeks to promote more equitable and transparent rental practices.
Key provisions
- Prohibits the use of algorithms to set rental prices.
- Requires landlords to justify rent increases.
- Focuses on preventing discriminatory rent practices.
- Aims to ensure transparency in the rental pricing process.
- The bill is intended to protect tenants from unfair or excessive rent increases.
Who is affected
- Renters
- Landlords
- Housing Market Participants
Bill text
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Sponsors
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5 on record
Primary sponsor
Cosponsors
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