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Committee advances bill allowing dynamic lodging pricing with a 20% cap
Agriculture, Forestry & Economic Development - Senate · April 6, 2021
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Summary
Senator Jonathan Dismang said a House amendment to Senate Bill 418 imposes a 20% cap on allowable price increases and keeps provisions permitting dynamic pricing and selective 50% reductions for certain rentals; the panel approved the change with agency backing.
Senate Bill 418, as amended on the House side, was advanced by the Senate Agriculture, Forestry & Economic Development Committee after sponsor Jonathan Dismang described changes that lower allowable price increases to 20% and preserve certain…
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