An Act relating to increases in rent for dwelling units.

HB 115 limits annual rent increases for Alaska tenants by prohibiting landlords from raising rent more than once per calendar year. Landlords must provide written 90-day notice before any increase if rent is current, and after a lease ends, the new rent cannot exceed the previous amount until either the notice date or 90 days post-termination. This applies only to new rental agreements entered into on or after the law’s effective date. The bill directly affects landlords and tenants in Alaska rental housing, establishing clear timing rules for rent adjustments.