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 measure aims to provide financial protection for consumers who utilize self-service storage options.

The bill does not include any deletions from the current law but introduces new legal language to establish the rent increase cap. By implementing this regulation, the bill intends to create a more stable and predictable rental environment for individuals renting storage units, thereby enhancing consumer rights in the self-storage market.