Authorizes residential tenant action in cases of alleged unconscionable rent increase; appropriates $2 million.

This bill would give New Jersey renters the right to challenge rent increases they believe are "unconscionable" (extremely unfair) by requiring landlords to provide detailed written justification for the increase. Tenants would have 10 days to request this justification after receiving a rent increase notice, and landlords would have 10 days to respond with specific information about costs, market rates, property condition, and other factors. If negotiations fail within 30 days, tenants could take landlords to court, with the burden of proof on the landlord to show the increase is reasonable. The bill appropriates $2 million to fund public awareness campaigns and judge training about the new process.