Relating to disclosure by the landlord of a residential multiunit complex to a tenant of the percentage of the tenant's monthly rent payment attributable to the property taxes due for the complex.
HB 1860 requires landlords of apartment buildings with online rent payment portals to disclose to tenants how much of their monthly rent covers property taxes. Specifically, landlords must publish the total annual property taxes for the building and each tenant’s individual rent percentage attributable to those taxes on the online portal. This applies only to multiunit complexes using such portals and takes effect January 1, 2026. The bill directly affects landlords who manage these properties and their tenants, providing transparency about rent composition without altering tax rates or rent amounts.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 14, 2025
Last action Mar 14, 2025
Floor votes
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No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Mar 14, 2025
Committee
Referred to Trade, Workforce & Economic Development
lower
Mar 14, 2025
Introduced
Read first time
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Sheryl Cole
DDemocratic
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