Bill Type
Long Title
AN ACT PROVIDING FOR THE STABILIZATION AND REGULATION OF RENTALS OF COMMERCIAL BUILDINGS AND SPACES AND PROVIDING PENALTIES FOR VIOLATIONS THEREOF
Congress Author
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.