The bill mandates disclosures on algorithmic pricing, prohibits discriminatory uses of protected class data, and prohibits landlords and multiple listing services from setting or adjusting rent prices, rental agreement terms, and occupancy levels based on algorithmic recommendations. It allows the Attorney General to seek civil penalties in addition to an injunction.
If you use AI for pricing in housing, you must disclose algorithmic pricing details by July 1, 2024, or face penalties.
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Affected Industries
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What This Means
SB585 introduces changes to Virginia housing laws by requiring algorithmic pricing disclosures, prohibiting discrimination, and prohibiting landlords and multiple listing services from setting or adjusting rent prices, rental agreement terms, and occupancy levels based on algorithmic recommendations. The Attorney General can seek civil penalties in addition to an injunction.
Key Provisions
- Landlords must disclose the use of algorithmic pricing devices when applicable under specific acts.
- Prohibits discriminatory practices using protected class data in rental agreements.
- Prohibits landlords from facilitating non-compete agreements.
- Allows any injured individual to bring a civil action and recover the greater of actual or statutory damages and reasonable attorney fees.
- Prohibits landlords and multiple listing services from using algorithmic devices to set or adjust rent prices, rental agreement terms, occupancy levels, and other conditions based on algorithmic recommendations using a coordinating function.
- Allows the Attorney General to seek an injunction and civil penalties specifically to restrain certain violations of the bill.
- Defines terms such as 'protected class data,' 'personalized algorithmic pricing,' and 'coordinating function.'
Latest Legislative Action
Passed by indefinitely in General Laws and Technology with letter (15-Y 0-N)
Bill Sponsors (showing 5 of 14)
| Name | Role |
|---|---|
| Bill R. DeSteph, Jr. | Primary |
| Bryce E. Reeves R | Primary |
| R. Creigh Deeds | Primary |
| Reeves | Primary |
| Saddam Azlan Salim D | Primary |
Roll Call Votes
Compliance Checklist
Who: Landlords owning more than four rental units.
Deadline: Prior to the execution of a rental agreement.
Penalty: Civil penalties up to $1,000 for each violation.
Who: Landlords using algorithmic pricing.
Deadline: Prior to the execution of a rental agreement.
Penalty: Civil penalties up to $1,000 for each violation.
Related & Companion Bills
Full Legal Analysis
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Affected Industries
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