Relating to the authority of a municipality to establish rent control for persons 65 years of age or older.

HB 3340 allows Texas municipalities to establish rent control specifically for residents aged 65 or older through city council ordinances. It directly affects seniors in qualifying cities and gives local governments the authority to create such rent limits. The bill adds a new provision to the Local Government Code, requiring cities to follow the same process for continuing or ending rent control as the governor uses for disaster declarations. This change would enable communities to implement targeted rent stabilization for elderly residents, though it does not mandate any city to adopt such policies. The bill is currently in committee review with no votes taken yet.