An act relating to capping annual rent increases and security deposits

This bill would limit how much landlords in Vermont can raise rent each year and restrict the maximum amount of security deposits they can charge. Rent increases would be capped at the average of the Consumer Price Index over the previous 12 months or six percent, whichever is lower, unless landlords can prove higher costs for repairs or other urgent needs. Security deposits would be limited to one month's rent and could be applied as the final month's rent if the tenant leaves the property in good condition. These changes would directly affect residential tenants and property owners across the state.