In CommitteeFiled Mar 3, 2026
Sponsor: Imani Barnes
Latest Action
House Second Readers
Mar 6, 2026
Summary
The Senior Stabilization Act caps rent increases at 10% for seniors who receive Social Security‑type benefits and live in exclusive senior rental housing. The limit applies to lease renewals or new leases signed between July 1, 2026 and December 31, 2028, but only for landlords or developers constructing such senior housing. This aims to protect low‑income older adults from steep rent spikes.
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