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DE SB123
Bill
Status
6/9/2015
Primary Sponsor
Bruce Ennis
Click for details
AI Summary
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Prohibits community owners from incorporating civil penalties, criminal fines, or litigation-related costs for rent-related proceedings into rent charges.
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Prevents community owners from using capital improvement or rehabilitation costs as justification for future rental increases once those costs have been fully recovered through prior rent increases exceeding CPI-U.
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Limits the time period for which community owners can assess increased rent for capital improvements or rehabilitation work to the depreciation period allowed for federal income tax purposes.
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Requires justification for any rent increase up to or equal to the CPI-U unless that increase is the only rent increase being assessed.
Legislative Description
An Act To Amend Title 25 Of The Delaware Code Relating To Rent Justification.
Last Action
SS 1 for SB 123 - Re-Assigned to Community/County Affairs Committee in Senate
4/19/2016