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CA AB2747

Bill

Status

Passed

9/19/2024

Primary Sponsor

Matt Haney

Click for details

Origin

State Assembly

2023-2024 Session

AI Summary

  • Requires landlords of residential dwelling units to offer tenants the option of having positive rental payment information reported to nationwide consumer reporting agencies.

  • For leases entered into on or after April 1, 2025, the offer must be made at lease signing and at least annually thereafter; for existing leases as of January 1, 2025, the offer must be made by April 1, 2025, and annually thereafter.

  • Permits landlords to charge tenants who elect reporting a fee not to exceed the lesser of $10 per month or the actual cost to provide the service, with no fee if the landlord incurs no actual cost.

  • Prohibits landlords from terminating tenancy, deducting unpaid fees from security deposits, or reporting fee non-payment to consumer agencies; allows landlords to stop reporting after 30 days of unpaid fees, during which tenants cannot re-elect reporting for 6 months.

  • Exempts landlords of 15 or fewer residential units unless they own multiple buildings and are a real estate investment trust, corporation, or LLC with a corporate member; also exempts assisted housing developments.

Legislative Description

Tenancy: credit reporting.

Last Action

Chaptered by Secretary of State - Chapter 279, Statutes of 2024.

9/19/2024

Committee Referrals

Judiciary5/29/2024
Rules5/21/2024
Judiciary3/11/2024

Full Bill Text

No bill text available