CT HB05092

Fair rent commissions must consider whether a property has been transferred to a new owner within the preceding 12 months when evaluating whether rent increases are harsh and unconscionable

New owners who have not completed "major renovations" (exceeding $50,000 per dwelling unit) are limited to rent increases of 5% or the annual consumer price index increase, whichever is greater

New owners who complete major renovations remain subject to standard fair rent commission review under existing criteria rather than the automatic cap

Fair rent commissions retain authority to find rent increases of 5% or less harsh and unconscionable based on other factors such as sanitary conditions, comparable rents, and tenant income

Effective October 1, 2026, amending sections 7-148c and 7-148d of the general statutes