Bill > SB3678

This bill amends the Landlord and Tenant Act to prohibit anti-competitive practices in the rental market by defining "price coordination" as collecting nonpublic competitor information, such as actual rent prices and occupancy rates, from multiple landlords and then recommending rental prices, fees, or occupancy levels based on that information, often through algorithms or software. The bill explicitly forbids agreements to avoid competing on rental prices or terms, engaging in price coordination, facilitating such agreements, or using services that involve price coordination. It clarifies that this prohibition does not apply to providing information for affordable housing programs, generating aggregated rental data without specific recommendations, or conducting market research for financing, appraisals, or software development. Individuals harmed by violations can file civil lawsuits seeking damages, attorney fees, and injunctive relief, and any violation of this section is also considered a violation of the Consumer Fraud and Deceptive Practices Act, granting the Attorney General additional enforcement powers.

Government Affairs

https://www.ilga.gov/Legislation/BillStatus?DocNum=3678&GAID=18&DocTypeID=SB&SessionID=114&GA=104