Lawmakers consider bill to limit AI in rent pricing, protect tenants
1 min read
Lawmakers are currently deliberating Senate Bill 722, which aims to prohibit property managers and landlords from using AI-driven software to determine rent prices and vacancies.
The proposed legislation would ban the use of AI that utilizes non-competitor data, such as actual rent prices and occupancy rates, which are not intended for public use.
The bill stipulates that landlords can only increase rent prices once per calendar year, with a mandatory 90-day notice to tenants before any increase is implemented.
Rent hikes must adhere to the legal percentage cap set by Oregon State law, which is determined by the Consumer Price Index and other metrics.
READ MORE: https://katu.com/news/politics/lawmakers-consider-bill-to-limit-ai-in-rent-pricing-protect-tenants
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Author: KATU News
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News post in at: March 19, 2025, 3:00 am.
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