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MD SB609
Bill
AI Summary
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Landlords are prohibited from using algorithmic devices that incorporate nonpublic competitor data (such as actual rent prices, occupancy rates, and lease dates) to set or adjust residential rent amounts
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"Algorithmic device" is defined as technology using algorithms to calculate rent recommendations based on local or statewide rent data from other landlords
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Exemptions include monthly trade association reports with aggregated anonymous data and tools used to establish affordable housing program rent limits
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Violations constitute an unfair, abusive, or deceptive trade practice under the Maryland Consumer Protection Act, subject to its enforcement and penalty provisions
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The law applies prospectively only to rental agreements executed on or after the effective date of October 1, 2025
Legislative Description
Residential Leases - Use of Algorithmic Device by Landlord to Determine Rent - Prohibition
Real Property
Last Action
Hearing 2/11 at 1:00 p.m.
1/30/2025