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HI HB831

Bill

Status

Introduced

1/23/2025

Primary Sponsor

Tina Grandinetti

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Prohibits rental property owners and agents from using coordinator services (property management software) that collect and analyze rental pricing data from multiple owners to recommend prices or occupancy levels.

  • Makes it unlawful for coordinators to facilitate agreements among rental property owners that restrict competition through algorithmic price-setting, and prohibits two or more owners from engaging in consciously parallel pricing coordination.

  • Establishes civil action standards requiring complaints to show only that a pricing coordination violation is among plausible possibilities, without needing to exclude independent action.

  • Requires the Attorney General to develop a public education program including information on the department's website and steps for consumers to report suspected violations.

  • Imposes penalties of up to $100,000 or three years imprisonment for natural persons, and up to $1,000,000 fine for non-natural persons who violate the provision.

Legislative Description

Relating To Antitrust.

Attorney General

Last Action

Referred to CPC, JHA, FIN, referral sheet 3

1/23/2025

Committee Referrals

Consumer Protection & Commerce1/23/2025

Full Bill Text

No bill text available