The proposed bill, General Assembly Proposed Bill No. 1207, seeks to amend chapter 743 of the general statutes to regulate rent increases for occupants of self-service storage facilities. Specifically, the bill stipulates that the rent charged to an occupant for a storage unit cannot exceed a ten percent increase within any twelve-month period. This measure aims to provide financial protection for consumers utilizing self-service storage services.
The bill introduces new legal language that establishes this rent increase cap, ensuring that occupants are not subjected to sudden or excessive price hikes. There are no deletions from current law mentioned in the text, indicating that this is a new provision being added to enhance consumer rights in the context of self-service storage facilities.