Bill Type
Congress Name
Long Title
AN ACT PROVIDING FOR THE STABILIZATION AND REGULATION OF RENTALS OF COMMERCIAL BUILDINGS AND SPACES AND PROVIDING PENALTIES FOR VIOLATIONS THEREOF
Date filed
May 11, 1999
Scope
Urgent Bill
No
Legislative History
House Bill/Resolution NO. HB07504 | |
FULL TITLE : AN ACT PROVIDING FOR THE STABILIZATION AND REGULATION OF RENTALS OF COMMERCIAL BUILDINGS AND SPACES AND PROVIDING PENALTIES FOR VIOLATIONS THEREOF | |
ABSTRACT : This bill mandates that monthly rents of all commercial buildings or protions thereof shall NOT be increased by more than 10% of the existing rate yearly. The yearly increase shall be cumulative. | |
PRINCIPAL AUTHOR/S : CANDAZO, ROMEO D.C. | |
DATE FILED : 1999-05-11 | |
SIGNIFICANCE: NATIONAL | |
CO-AUTHORS : | |
1. | 2. |
3. | |
ADMINISTRATION BILL? No | |
URGENT BILL? No | |
ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
REFERRAL TO THE COMMITTEE ON TRADE AND INDUSTRY ON 1999-05-17 |
Abstract
This bill mandates that monthly rents of all commercial buildings or protions thereof shall NOT be increased by more than 10% of the existing rate yearly. The yearly increase shall be cumulative.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.