Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 3340 grants municipalities the authority to establish rent control ordinances specifically for residents aged 65 and older. The governing body of a municipality may enact rent control measures similar to those permitted during states of emergency. If approved, this law would provide cities with localized rent stabilization tools to assist senior citizens with housing affordability.
Author (1)