rental price fixing; algorithmic pricing

Summary

The bill adds a new price‑regulation article that bars landlords with five or more rental units and companies that sell or license rent‑pricing software from using algorithmic devices that rely on nonpublic competitor data to set rents, renewal terms, or occupancy levels. Violations create a rebuttable presumption of an illegal price‑fixing conspiracy, and the state attorney general may enforce the rule. Small landlords, government‑run housing, and certain educational or transient housing are exempt.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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