Establishes standards for determining an unconscionable rent increase; excludes from public access landlord tenant records in certain circumstances.
What changed between versions
Assemblywoman Shanique Speight (District 29) was removed as a sponsor, and Assemblywoman Morales was removed from the co-sponsor list, narrowing the group of legislators formally backing the bill.
A legislative statement was added summarizing the bill's content: it codifies a multi-factor test for determining whether a rent increase is unconscionable (considering amount, landlord profitability, comparable rents including HUD Fair Market Rents, bargaining position, property condition, and tenancy history), establishes confidentiality for certain eviction court records, and exempts rent increases governed by local rent control or affordable housing programs.
The bill status changed from 'As reported by the Assembly Housing Committee with technical review' to 'Introduced Pending Technical Review by Legislative Counsel,' reflecting a procedural stage change rather than a policy change.