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IL SB1996
Bill
Status
2/6/2025
Primary Sponsor
Graciela Guzman
Click for details
AI Summary
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Prohibits landlords and their agents from subscribing to or contracting with "real estate service providers" that collect rental pricing data from multiple landlords and use algorithms to recommend rental prices, lease terms, or occupancy levels
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Bans real estate service providers from facilitating non-compete agreements between landlords regarding residential rental units
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Violations constitute unlawful practices under the Consumer Fraud and Deceptive Business Practices Act, with enforcement authority granted to the Attorney General
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Creates a private right of action allowing injured persons to sue for compensatory damages, treble damages, attorney's fees, and injunctive relief
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Pre-dispute arbitration agreements and class action waivers are unenforceable at the election of plaintiffs bringing claims under this Act
Legislative Description
PREVENT RENTAL PRICE FIXING
Last Action
Rule 2-10 Committee Deadline Established As March 27, 2026
3/13/2026