Committee releases bill targeting rent‑setting algorithms amid homelessness concerns
A3497, intended to bar use of nonpublic data by rent‑setting algorithms, was released as amended. Labor and tenant advocates warned algorithms may facilitate coordinated rent raises; landlords and builders urged focus on supply and questioned the bill's efficacy.
The full story
The State and Local Government Committee released A3497, the bill addressing algorithmic rent‑setting, after two years of stakeholder discussions and testimony from tenants' advocates, union representatives and landlord associations.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in