Bill > HR4100

This bill, known as the "End Junk Fees for Renters Act", aims to reduce excessive fees charged by landlords in rental housing. The legislation prohibits owners of covered dwelling units (properties with federal housing assistance or federally-backed mortgages) from charging application fees, tenant screening fees, and imposes strict limits on late payment fees. Specifically, late fees must be less than 3% of monthly rent and can only be assessed after 15 days past the due date. Landlords will be required to provide tenants with comprehensive disclosures before signing a lease, including the total monthly amount due, a summary of past litigation, ongoing maintenance issues, and historical rent increase information. The bill mandates that the Bureau of Consumer Financial Protection and the Federal Trade Commission define "junk fees" within 180 days and establish rules preventing landlords from reporting unpaid junk fees to credit reporting agencies. Different federal agencies (Housing and Urban Development, Veterans Affairs, Agriculture, and the Federal Housing Finance Agency) will be responsible for regulating these provisions based on the specific type of housing and mortgage involved, ensuring broad coverage across various residential property types.

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https://www.congress.gov/bill/119th-congress/house-bill/4100/all-info