SB 1364
An Act amending the act of April 6, 1951 (P.L.69, No.20), known as The Landlord and Tenant Act of 1951, in creation of leases, statute of frauds and mortgaging of leaseholds, further providing for leases for not more than three years and for leases for more than three years and providing for notice of building credit through rent reporting program for residential leases; and providing for reporting rent payment information to consumer reporting agency program.
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill amends the Pennsylvania Landlord and Tenant Act of 1951 to create new rules around leases, statute of frauds, and mortgaging of leaseholds. It allows for leases of up to three years or longer, and establishes a system for reporting rent payment information to consumer reporting agencies through a ‘rent reporting program.’ Landlords must provide tenants with notice of this program and a signed receipt, and tenants can opt-in to have their on-time rent payments reported. The bill also creates a process for landlords to offer this program to tenants.
Key provisions
- Allows leases for terms of not more than three years or longer, with specific requirements for leases exceeding three years.
- Requires landlords to provide tenants with written notice of a rent reporting program.
- Establishes a process for tenants to opt-in to have their rent payment information reported to consumer reporting agencies.
- Creates a standard form for tenants to formally opt-in to the rent reporting program.
- Allows landlords to charge a fee for participation in the rent reporting program.
- Defines key terms related to the rent reporting program, such as ‘dwelling unit,’ ‘eligible tenant,’ and ‘consumer reporting agency.’
- Specifies that the program is voluntary for tenants.
- Requires landlords to report data to the committee on the effectiveness of the program.
Who is affected
- Landlords
- Tenants
- Consumer Reporting Agencies
- Financial Institutions
- Housing Providers
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Christine Tartaglione
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