Bills

SB 1133: RELATING TO HOUSING.

  • Session Year: 2025-2026
  • House: Senate

Current Status:

In Progress

(2025-03-06: Referred to HSG/ECD, CPC, FIN, referral sheet 19)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Final Decking

Enacted

Version:

Authorizes each county to establish by ordinances a rental unit price control that prohibits a landlord from increasing the rental price of a dwelling unit at a rate that exceeds the percentage calculated and published by the county based on changes in the applicable Consumer Price Index.  Beginning 8/1/2025, requires each county to annually calculate and publish the maximum rate at which a landlord may increase the rental price of a dwelling unit during the immediately succeeding twelve-month period.  Establishes a Long-Term Residential Lease Tax Credit for taxpayers who own and lease a dwelling unit located in a county that has adopted a rental unit price ceiling ordinance to a person as the person's principal residence in the State pursuant to a lease agreement of a term of one year or longer.  Tax credit applies to taxable years beginning after 12/31/2024.

Discussed in Hearing

Senate Standing Committee on Housing2MIN
Feb 6, 2025

Senate Standing Committee on Housing

Senate Standing Committee on Labor and Technology2MIN
Feb 6, 2025

Senate Standing Committee on Labor and Technology

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News Coverage:

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