The proposed bill, General Assembly Proposed Bill No. 6478, aims to amend current statutes to prohibit the use of specific software by landlords and property managers. This software, developed by third parties, utilizes algorithms to analyze sensitive, proprietary, or publicly available data related to the housing market. The bill specifically targets software that makes recommendations for establishing occupancy levels and rental rates with the intent of maximizing profits for landlords and property managers.

The intent of this legislation is to prevent the manipulation of housing supply and rental rates through algorithm-driven recommendations, which could lead to increased rental costs and constrained housing availability. By prohibiting such software, the bill seeks to protect tenants from potential exploitation and ensure a fairer rental market.