2023 -- H 5362 SUBSTITUTE A | |
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LC000985/SUB A | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2023 | |
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A N A C T | |
RELATING TO PROPERTY -- RESIDENTIAL LANDLORD AND TENANT ACT | |
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Introduced By: Representatives Stewart, Sanchez, Morales, Tanzi, Giraldo, Voas, Alzate, | |
Date Introduced: February 03, 2023 | |
Referred To: House Judiciary | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 34-18-16.1 of the General Laws in Chapter 34-18 entitled |
2 | "Residential Landlord and Tenant Act" is hereby amended to read as follows: |
3 | 34-18-16.1. Rent increases — Notice requirements. |
4 | (a) Findings of fact. |
5 | (1) Housing insecurity and instability continue to grow in our state. According to the 2022 |
6 | Housing Fact Book by HousingWorksRI at Roger Williams University these problems are |
7 | perpetuated by the sky-rocketing costs of housing, some of which have been exacerbated by the |
8 | ongoing Covid-19 pandemic. The median single-family home price experienced a one-year |
9 | increase of fourteen percent (14%). In addition, the Providence-Metro area had the fifth highest |
10 | year-over-year rental cost increase in the United States at twenty-three and eight-tenths percent |
11 | (23.8%) due to the construction of few multi-family buildings and low vacancy rates. |
12 | (2) These increases mean that many Rhode Islanders, including those on fixed incomes, |
13 | pay too much of their income for housing and experience more competition for affordable units. |
14 | Worse yet, unable to keep pace with higher rents or locate adequate replacement housing, some |
15 | have lost their housing altogether, exacerbating the problem of homelessness in this state. |
16 | (3) These increases in costs, combined with inadequate wages, and insufficient available |
17 | units, generate pressures on persons and family units such that those who were able to initially |
18 | attain affordable housing are unable to retain that housing. |
19 | (4) For those faced with increased costs and a more competitive housing market, time can |
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1 | be a precious resource to reconfigure household budgets or to find a new residence altogether. To |
2 | that end, an extension of the time within which a landlord must provide notice to a residential tenant |
3 | will, in effect, buy time for these tenants. |
4 | (a)(b) Prior to an increase in rent being imposed by a landlord for a residential tenancy, |
5 | notice of the increase shall be given in writing to any tenant by a landlord at least thirty (30) sixty |
6 | (60) days prior to the effective date of the increase. |
7 | (b)(c) A landlord must shall give at least sixty (60) one hundred twenty (120) days written |
8 | notice to month to month tenants over the age of sixty-two (62) years, before raising the rent. |
9 | SECTION 2. This act shall take effect upon passage. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO PROPERTY -- RESIDENTIAL LANDLORD AND TENANT ACT | |
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1 | This act would require that landlords of residential properties must give tenants notice of a |
2 | rent increase at least sixty (60) days prior to the effective date of the increase. The act would also |
3 | increase the notice requirement for rent increases for a month to month tenant who is over the age |
4 | of sixty-two (62) years to at least one hundred twenty (120) days. |
5 | This act would take effect upon passage. |
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