summary
Introduced
05/22/2025
05/22/2025
In Committee
05/22/2025
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)
Rick Krajewski (D)*,
Heather Boyd (D),
Elizabeth Fiedler (D),
José Giral (D),
Roni Green (D),
Carol Hill-Evans (D),
Kristine Howard (D),
Tarik Khan (D),
La'Tasha Mayes (D),
Danielle Otten (D),
Chris Pielli (D),
Chris Rabb (D),
Nikki Rivera (D),
Ben Sanchez (D),
Melissa Shusterman (D),
Izzy Smith-Wade-El (D),
Ben Waxman (D),
Dan Williams (D),
Last Action
Referred to Housing & Community Development (on 05/22/2025)
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