The proposed Bill No. 138, introduced in the January Session of 2023, aims to amend title 47a of the general statutes with the purpose of providing stability for renters in the state. The bill seeks to implement a cap on annual rent increases, limiting them to no more than two and one-half percent. Additionally, the bill intends to establish specific rules and exceptions regarding no-fault evictions.

Introduced by several representatives, including SEN. WINFIELD, REP. MICHEL, REP. SIMMS T., REP. PORTER, and REP. BUMGARDNER, the bill has been referred to the Committee on HOUSING. The statement of purpose clearly indicates that the goal of the bill is to offer renters a sense of security by preventing excessive rent hikes and by providing a clear framework for no-fault evictions. The bill does not include specific text for insertions or deletions from the current law within the provided summary.