Bill > HB1429

This bill amends Georgia's landlord-tenant laws to provide limitations on rent increases for senior and veteran tenants. It defines key terms such as "dwelling unit," "landlord," "rent," and "tenant," and limits rent increases for eligible tenants to the lower of 5% plus the Consumer Price Index percentage rate of change, or 10% of the previous rent over a 12-month period. The bill also provides an affirmative defense for tenants against excessive rent increases and automatically repeals the law on January 1, 2034. The bill applies to residential lease agreements entered into or renewed on or after July 1, 2024.