Requires certain record keeping related to municipal rent control compliance; appropriates $2 million.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill requires landlords in municipalities with rent control ordinances to maintain and submit detailed records of their properties to local clerks. It mandates the creation and maintenance of a public online system for these records, overseen by the Department of Community Affairs, and appropriates $2 million for digitization efforts and system development. The bill also establishes penalties for providing false information on compliance forms and creates a presumption of non-compliance if records are missing or incomplete.
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