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Bill > H1316
MA H1316
MA H1316Relative to the stabilization of rents in towns and cities facing distress in the housing market
summary
Introduced
01/22/2019
01/22/2019
In Committee
06/04/2020
06/04/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to the stabilization of rents in cities and towns facing distress in the housing market. Housing.
AI Summary
This bill aims to stabilize rents in cities and towns facing distress in the housing market. It allows cities and towns to impose a limit on the size of annual rent increases, which cannot exceed the annual change in the Consumer Price Index for the applicable area or five percent, whichever is less. The bill applies to all rental units, except those in owner-occupied buildings with three units or less or those subject to regulation by a public authority. The bill also requires that any city or town that adopts rent increase limits ensure that the affected dwelling units are only eligible for individuals with an income of 80% or less of the Area Median Income.
Committee Categories
Housing and Urban Affairs
Sponsors (9)
Mike Connolly (D),
Marjorie Decker (D),
Sal DiDomenico (D),
Nika Elugardo (D),
Sean Garballey (D),
Jonathan Hecht (D),
Pat Jehlen (D),
Jason Lewis (D),
Dave Rogers (D),
Last Action
Bill reported favorably by committee and referred to the committee on House Steering, Policy and Scheduling (on 06/04/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H1316 |
| Bill | https://malegislature.gov/Bills/191/H1316.pdf |
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