A 3497: Establishes "Forbidding the Algorithmic Inflation of Rent (FAIR) Act." *
A 3497 status: Introduced — Approved P.L.2026, c.43 (updated Jul 20, 2026).
What this bill does
Overall score
Bill summary
OfficialThe "FAIR Act" is a proposed law currently being debated by lawmakers. Its goal is to stop landlords from using computer software to artificially drive up rent prices.
Key analysis
Impact analysis
Environment
Benefits
- No identified direct environmental impact
Risks
- No identified direct environmental impact
Economy
Benefits
- Reduces anti-competitive pricing practices
- Potential to stabilize rent costs for consumers
Risks
- Increases compliance burden for property managers
- May disrupt existing business models of revenue management software providers
Society
Benefits
- Increases transparency in rent setting
- Supports housing affordability by mitigating algorithmic price gouging
Risks
- Does not address underlying housing supply issues
How trustworthy & consequential it is
Source
LegiScan
Confidence
highhigh
Analysis status
LegiScan full bill text
Potential for legal challenges regarding the scope of state-level regulation of technology-driven price coordination.
Targets software-driven collusion but does not solve systemic housing supply shortages.
Where it stands
Introduced
CurrentApproved P.L.2026, c.43.
Committee
UpcomingFloor
UpcomingGovernor
UpcomingEnacted
UpcomingHow it affects your district
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