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. It aims to prevent discriminatory or unfair rent increases based on automated calculations. The legislation seeks to ensure greater transparency and stability in the rental market, protecting tenants from potentially inflated rents. This bill builds upon previous efforts to address rent stabilization and affordability.
Key provisions
- Prohibits the use of algorithms to set rental rates.
- Requires landlords to disclose how they determine rental prices.
- Establishes a framework to prevent discriminatory rent increases.
- Focuses on ensuring fair and transparent rental pricing practices.
- Addresses concerns about algorithmic bias in the rental market.
Who is affected
- Renters
- Landlords
- Housing Market Participants
Notable changes
- Addresses algorithmic rent setting, a relatively new practice.
- Reinforces existing efforts to control rent increases and protect tenants.
- May require landlords to provide justification for rental rates.
Bill text
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Sponsors
Official sponsors from legislative records.
5 on record
Primary sponsor
Joint Committee on Housing
Cosponsors
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