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AI Summary
The Prohibition of Algorithmics in Rent Act prohibits landlords from using algorithmic devices that rely on nonpublic competitor data to set rent amounts, with exceptions for reports by trade associations and products for affordable housing guidelines.
Business Impact
If you are a landlord in Illinois, you must avoid using algorithmic devices for rent calculations or face penalties under consumer fraud laws.
What do these statuses mean? ▼
Introduced
— Filed in the legislature; not yet heard in committee
In Committee
— Assigned to and being reviewed by a legislative committee
Passed
— Approved by one or both chambers; awaiting further action
Signed / Enacted
— Signed into law by the governor; may or may not be in effect yet
Dead / Vetoed
— Vetoed, failed to pass, or session expired without action
Unknown
— Status data not yet available or awaiting classification
Affected Industries
Topics How we classify →
What This Means
The Prohibition of Algorithmics in Rent Act restricts landlords from employing algorithmic devices that utilize nonpublic competitor data for setting rental prices, with specific exceptions outlined.
Key Provisions
- Prohibits landlords from using algorithmic devices that rely on nonpublic competitor data to set rent, with exceptions for trade association reports and affordable housing guidelines.
- Defines 'algorithmic device' and outlines specific exceptions.
- Violations are classified as unlawful practices under the Consumer Fraud and Deceptive Business Practices Act.
Latest Legislative Action
Rule 19(a) / Re-referred to Rules Committee
Bill Sponsors (showing 5 of 16)
| Name | Role |
|---|---|
| Angelo Saviano | Primary |
| Bob Biggins | Primary |
| Emanuel Chris Welch | Primary |
| Joe C. Sosnowski R | Primary |
| John E. Bradley | Primary |
Compliance Checklist
Avoid using algorithmic devices for rent calculations
Who: Landlords
Penalty: Classified as unlawful practice under consumer fraud laws
Who: Landlords
Penalty: Classified as unlawful practice under consumer fraud laws
Related & Companion Bills
Full Legal Analysis
The Prohibition of Algorithmics in Rent Act establishes clear prohibitions on landlords using algorithmic devices that incorporate nonpublic competitor data when determining rent amounts for residential properties. However, exceptions include reports published by trade associations and products used for establishing rent or income limits under affordable housing program guidelines.
Official Source
Official Bill Text
View HB1427 on official legislature website →
Related Topics
Affected Industries
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