The proposed bill, General Assembly Proposed Bill No. 991, aims to establish a cap on annual rent increases in mobile manufactured home parks. Specifically, it seeks to amend chapter 412 of the general statutes by introducing a new provision that limits these rent increases to one percent plus any change in the consumer price index for urban consumers from the previous year. This legislative change is intended to provide greater stability and predictability for residents living in mobile manufactured home parks.

The bill does not include any deletions from current law but focuses solely on the insertion of the new cap on rent increases. By implementing this cap, the bill addresses concerns regarding affordability and the financial burden on residents in mobile manufactured home parks, ensuring that rent adjustments remain manageable in relation to inflation.