AN ACT CONCERNING SELF-SERVICE STORAGE FACILITIES.

SB 1207 limits annual rent increases for self-service storage units to no more than 10% per year. This bill directly affects renters who lease storage units at self-service facilities across the state. The key provision amends state law to cap annual rent hikes, preventing larger increases without legislative action. It applies to all storage facilities operating under the state's general statutes. The measure aims to provide renters with predictable costs and financial stability for their stored belongings.