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CA SB924
Bill
AI Summary
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Permits landlords to offer rent reporting to tenants via first-class mail or email, upon tenant agreement, rather than in-person only.
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Removes the requirement for the Department of Financial Protection and Innovation to select an independent evaluator and report annually on the impact of rental payment reporting provisions.
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Eliminates the January 1, 2025 repeal date, making rent reporting provisions permanent indefinitely.
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Maintains the cap on fees charged to tenants who elect rent reporting at the lesser of $10 per month or actual cost to the landlord.
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Applies to landlords of assisted housing developments with 5 or more dwelling units, with limited exceptions for smaller properties owned by corporations or real estate investment trusts.
Legislative Description
Tenancy: credit reporting: lower income households.
Last Action
Chaptered by Secretary of State. Chapter 519, Statutes of 2024.
9/24/2024