RELATING TO AFFORDABLE HOUSING.
Summary
Limits monthly rent increases for certain dwelling units to an unspecified per cent for the term of the rental agreement or every 12 months, whichever period is longer. Prohibits rent increases due to the landlord's negative cash flow resulting from refinancing or purchasing the rental dwelling unit. Establishes a rent stabilization advisory working group to advise on matters relating to the stabilization of certain dwelling unit rental amounts. Requires the legislative reference bureau to conduct a study on actions that other states have taken to incentivize landlords to stabilize rents.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2021
Last action Jan 27, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Jan 27, 2021
Committee
Referred to HSG, CPC, FIN, referral sheet 1
lower
Jan 25, 2021
Introduced
Introduced and Pass First Reading.
lower
Jan 22, 2021
Introduced
Pending introduction.
lower
5 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Cedric Gates
DDemocratic
P
Dee Morikawa
DDemocratic
P
Jackson Sayama
DDemocratic
P
Mark Hashem
DDemocratic
P
Sonny Ganaden
DDemocratic
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