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 practices, the bill seeks to protect tenants and promote fair housing practices. The legal language introduced in the bill clearly outlines the criteria for the prohibited software, while no deletions from current law are specified.