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Bill > HB140


PA HB140

PA HB140
Further providing for definitions.


summary

Introduced
05/22/2025
In Committee
05/22/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

Amending the act of December 17, 1968 (P.L.1224, No.387), entitled "An act prohibiting unfair methods of competition and unfair or deceptive acts or practices in the conduct of any trade or commerce, giving the Attorney General and District Attorneys certain powers and duties and providing penalties," further providing for definitions.

AI Summary

This bill amends the Unfair Trade Practices and Consumer Protection Law to address algorithmic rent-setting practices by adding new definitions and regulations. Specifically, the bill defines "algorithmic rent-setting software" as a computational system that uses algorithms to calculate rental prices by analyzing data such as historical rental prices, occupancy rates, and lease terms from multiple sources. The legislation identifies these systems as potentially unfair if they are used to set rent amounts, lease terms, or occupancy levels for residential and commercial properties. The bill provides important exceptions, such as excluding periodic aggregate rental data reports and products used for establishing rent limits under affordable housing guidelines. By adding this definition and classifying certain algorithmic rent-setting practices as potentially unfair, the bill aims to provide additional consumer protections in the rental market and create transparency around how rental prices are determined. The new provisions will take effect 60 days after the bill's passage, giving landlords and property managers time to understand and comply with the new regulations.

Committee Categories

Housing and Urban Affairs

Sponsors (18)

Last Action

Referred to Housing & Community Development (on 05/22/2025)

bill text


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