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GA SB318
Bill
Status
3/3/2025
Primary Sponsor
Nikki Merritt
Click for details
AI Summary
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Prohibits agreements between two or more landlords to coordinate rental prices on residential properties, making such agreements unenforceable as contracts in restraint of trade
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Targets "coordinating functions" that use software or AI systems to collect rental data from multiple landlords, analyze pricing information, and recommend rental prices or occupancy levels
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Imposes a civil penalty of $1,000 per violation, recoverable through civil action by the Attorney General or any district attorney
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Requires the Department of Community Affairs to develop and publish educational materials informing Georgia residents of these provisions
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Exempts actions taken in connection with federal or state affordable housing or low-income housing programs; applies to agreements entered into or renewed after the effective date
Legislative Description
Contracts; certain agreements involving parallel pricing coordination as unenforceable contracts in general restraint of trade with respect to residential rental properties; prohibit
Last Action
Senate Read and Referred
3/4/2025