Bill > HB2839

This bill amends Arizona's residential landlord and tenant law by introducing new restrictions on rental rate increases. Specifically, the bill limits landlords from increasing rental rates beyond a maximum threshold, which is calculated as the annual consumer price index (CPI) plus an additional three percent, but not to exceed a total annual increase of seven percent. The Office of Economic Opportunity will annually provide the CPI percentage to the Arizona Department of Housing, which will be responsible for calculating and enforcing these rental rate limits. The department is authorized to accept and investigate complaints from tenants who believe a landlord has exceeded the maximum rental rate. If the department finds probable cause of a violation, they will refer the matter to the Attorney General, who can then seek restitution, injunctive relief, or other remedies. A knowing violation of these rental rate restrictions is considered an unlawful practice under state law. The bill aims to provide some protection for tenants against excessive rent increases while maintaining a structured process for addressing potential violations.

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https://apps.azleg.gov/BillStatus/BillOverview/83310