Establishes limits on residential rent increases during lease renewal

Summary

The bill would cap rent increases on lease renewals after Jan. 1, 2027 at the lesser of 7% plus the annual CPI change or 10% in any 12‑month period. Landlords must give tenants a written 90‑day notice that details the increase and allows tenants to request supporting documentation. It also protects tenants from retaliation and provides a civil remedy for violations.

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