Relating to local standards to promote housing stability; declaring an emergency.

Requires each city with a population of less than 200,000 to establish local standards to promote housing stability no later than July 1, 2027. Allows adoption of rent control through local standards adopted under this Act or by cities with a population of 200,000 or greater. Requires review of local standards at least every 10 years. Declares an emergency, effective on passage.