The proposed bill, General Assembly Proposed Bill No. 1207, seeks to amend chapter 743 of the general statutes regarding self-service storage facilities. The key provision of the bill stipulates that the rent charged to occupants of storage units at these facilities cannot increase by more than ten percent within any twelve-month period.

This legislative change aims to provide financial protection for consumers using self-service storage facilities by limiting the frequency and extent of rent increases. The bill does not include any deletions from current law, focusing solely on the insertion of the new rent increase cap.