Raised Bill No. 268, introduced in the General Assembly, pertains to a study on the potential impacts of allowing landlords to accept advance rental payments from tenants. The bill mandates the Commissioner of Housing to conduct this study, which should consider several factors: the likelihood of tenants being approved by landlords if they could pay rent in advance, the reasons landlords might require such payments, the financial burdens on tenants, and the overall effect on housing availability in the state.
The bill requires the Commissioner of Housing to complete the study and submit a report with findings and any recommended legislation to the joint standing committee of the General Assembly related to housing by January 1, 2025. The bill is effective upon passage and introduces a new section to the statutes. The purpose of the bill is to assess the implications of permitting landlords to collect rent payments in advance from tenants of residential units. There are no deletions indicated in the provided text.