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GA HB1157
Bill
Status
Introduced
2/6/2024
Primary Sponsor
Derrick Jackson
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AI Summary
- Caps residential rent increases at 3% of the lowest rent charged for that property during the prior 12 months and requires landlords to provide at least 120 days' notice before any rent increase takes effect
- Limits rent increases to 2% annually for full-time college students ages 18–26 and for senior citizens (65+) whose primary income is Social Security benefits, and provides a rent freeze option for up to 5 years for seniors with income no more than 10% above the federal poverty threshold
- Grants senior citizens who have lived in the same unit for more than 5 years additional protections against eviction, except for nonpayment of rent or lease violations
- Exempts residential properties constructed after 2024 (for up to 15 years), government-subsidized housing, and college dormitories from the rent increase limits
- Classifies violations as unlawful practices under Georgia's Fair Business Practices Act of 1975 and allows tenants to raise excessive rent charges as an affirmative defense and counterclaim in eviction actions; effective January 1, 2025, for leases entered into or renewed on or after that date
Legislative Description
Fair Business Practices Act of 1975; violation of statute limiting certain rent increases is an unlawful business practice; provide
Last Action
House Second Readers
2/8/2024
Committee Referrals
Judiciary2/7/2024
Full Bill Text
No bill text available