AN ACT RELATING TO PROPERTY -- RESIDENTIAL LANDLORD AND TENANT ACT

SB 2266 bans landlords and property managers from using computer programs (including AI tools) that rely on secret rental data from other landlords or tenants to set or adjust rent for residential properties. It specifically prohibits algorithms using nonpublic competitor data - like actual rent prices, occupancy rates, or lease details - to determine rent amounts or changes. The law takes effect January 1, 2027, with limited exemptions for housing programs, monthly market reports, and basic internal record-keeping systems. It directly affects residential landlords who currently use such tools to price rentals.