Bill A3989 restricts the use and sale of algorithmic devices for setting rent prices or occupancy in New Jersey, with specific exceptions and penalties outlined in the bill.
If you use algorithmic devices for rent pricing, you must review compliance requirements once the bill details are available.
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Affected Industries
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What This Means
Assembly Bill A3989 aims to limit the use and sale of algorithmic devices in determining rent prices or occupancy of residential properties in New Jersey, with defined exceptions and enforcement measures.
Key Provisions
- The bill restricts the use and sale of algorithmic devices for setting rent prices or occupancy, with specific exceptions and penalties outlined in the bill.
Latest Legislative Action
Introduced, Referred to Assembly Housing Committee
Bill Sponsors (showing 5 of 19)
| Name | Role |
|---|---|
| Benson, Daniel R. | Primary |
| Bhalla, Ravi S. | Primary |
| Brennan, Katie D | Primary |
| Dancer, Ronald S. | Primary |
| Matsikoudis, Michele | Primary |
Compliance Checklist
Who: Landlords in New Jersey
Deadline: Immediately upon enactment
Penalty: Subject to penalties under the New Jersey Antitrust Act
Who: Companies providing algorithmic devices
Deadline: Immediately upon enactment
Penalty: Subject to penalties under the New Jersey Antitrust Act
Related & Companion Bills
Full Legal Analysis
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Related Topics
Affected Industries
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