Bill > HB1217

This bill aims to improve housing stability for tenants by introducing comprehensive restrictions and protections for both residential and manufactured/mobile home rentals. The bill limits rent increases to 7% plus the consumer price index (or 10%, whichever is less) for residential properties and 5% for manufactured/mobile home lots, and these increases can only occur once every 12 months after the first year of tenancy. Landlords must provide written notice of any rent increases and are restricted from charging excessive move-in fees or security deposits. The bill creates several exemptions for rent increase limitations, such as for newer properties, properties owned by certain nonprofit organizations, or properties with specific affordable housing designations. Tenants are given the right to challenge unauthorized rent increases and can terminate their lease without penalty if a landlord exceeds the allowed increase. The bill also establishes a landlord resource center to distribute information about available programs and services, and provides the attorney general with enforcement powers, including the ability to bring actions and impose civil penalties of up to $7,500 per violation. The provisions are set to expire on July 1, 2040, and are designed to provide more predictability and protection for tenants while maintaining flexibility for landlords under certain circumstances.