SB1996 - 104th General Assembly

PREVENT RENTAL PRICE FIXING
Last Action
4/11/2025 - Senate: Rule 3-9(a) / Re-referred to Assignments
Senate Sponsors
Sen. Graciela Guzmán
Statutes Amended In Order of Appearance
New Act
Synopsis As Introduced
Creates the Preventing Algorithmic Rent Fixing in the Rental Housing Market Act. Provides that a real estate lessor, or any agent or subcontractor of a real estate lessor, shall not subscribe to, contract with, or otherwise exchange anything of value in return for the services of a real estate service provider. Provides that a real estate service provider shall not facilitate an agreement to not compete between real estate lessors with respect to residential dwelling units. Provides that a violation of the provisions of the Act is an unlawful practice under the Consumer Fraud and Deceptive Business Practices Act. Provides for a private right of action. Amends the Consumer Fraud and Deceptive Business Practices Act to make a conforming change.
Actions
Date Chamber Action
2/06/2025 Senate Filed with Secretary by Sen. Graciela Guzmán
2/06/2025 Senate First Reading
2/06/2025 Senate Referred to Assignments
3/12/2025 Senate Assigned to Executive
3/19/2025 Senate To AI and Social Media
3/21/2025 Senate Rule 2-10 Committee Deadline Established As April 11, 2025
4/11/2025 Senate Rule 3-9(a) / Re-referred to Assignments