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Bill > A3326


NJ A3326

NJ A3326
Makes use of algorithmic systems to influence price and supply of residential rental units unlawful.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill makes it unlawful to use algorithmic systems to influence the price and supply of residential rental units. Under the bill, it is unlawful and a violation of the "New Jersey Antitrust Act" for a rental property owner, or any agent, representative, or subcontractor thereof, to subscribe to, contract with, or otherwise exchange any form of consideration in return for the use of services of a coordinator and for a coordinator to facilitate an agreement among rental property owners that restricts competition with respect to residential dwelling units, including by performing a coordinating function. A "coordinator" is defined in the bill to mean any person who operates a software or data analytics service that performs a coordinating function for any rental property owner, including a rental property owner performing a coordinating function for their own benefit. "Coordinating function" is defined to mean (1) collecting historical or contemporaneous prices, supply levels, or lease or rental contract termination and renewal dates of residential dwelling units from two or more rental property owners; (2) analyzing or processing of the information described in paragraph (1) through use of a system, software, or process that uses computation, including by using the information to train an algorithm; and (3) recommending rental prices, lease renewal terms, or ideal occupancy levels to a rental property owner.

AI Summary

This bill makes it illegal to use algorithmic systems to influence the price and supply of residential rental units in New Jersey, aiming to address the state's affordable housing crisis. It amends the "New Jersey Antitrust Act" to prohibit rental property owners from using services of a "coordinator," which is defined as any entity operating software or data analytics that collects and analyzes rental data from multiple owners to recommend prices, lease terms, or occupancy levels. It also prohibits these coordinators from facilitating agreements among owners that limit competition. The bill defines "coordinating function" as collecting and analyzing rental information from at least two property owners and then recommending rental prices, lease renewal terms, or occupancy levels, and clarifies that a coordinator can even be a rental property owner using such a system for their own benefit.

Committee Categories

Housing and Urban Affairs

Sponsors (1)

Last Action

Introduced, Referred to Assembly Housing Committee (on 01/13/2026)

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