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FL S0064
Bill
AI Summary
- Caps rent increases at no more than once per 12-month period for the same tenant, and limits any increase to no more than 30% of the current rent, effective July 1, 2024
- Exempts new rental agreements with no remaining prior tenants from the 30% rent cap when establishing initial rent, and exempts landlords whose actual expenses (repairs, fees, insurance, property taxes) exceed 30% of current rent
- Requires landlords of multi-family dwelling units to provide functioning air-conditioning facilities, adding it to existing obligations that include heat, running water, and hot water
- Allows landlords to terminate a rental agreement or file a possession action if a tenant makes only a partial rent payment and fails to pay the remaining balance within 15 days of delivering the partial payment
- Updates the required nonpayment notice to inform tenants that partial rent payments do not prevent the landlord from pursuing termination or possession if the full balance is not paid within 15 days
Legislative Description
Landlords and Tenants
Last Action
Died in Judiciary
3/8/2024
Full Bill Text
No bill text available