This bill amends the residential landlord and tenant act to require landlords to accept multiple payment amounts for rent, provided that the total rent is paid on time and in full. If a landlord refuses such payments, the tenant's obligation for that payment amount is discharged. Additionally, the bill establishes penalties for landlords who fail to comply with these requirements, including liability for actual damages, punitive damages, and legal costs if a tenant successfully enforces their rights under this section.

Furthermore, the bill mandates that when landlords require tenants or prospective tenants to demonstrate income for housing qualification, they must consider all lawful sources of income. This includes wages, government assistance, pensions, and other forms of compensation, while explicitly excluding federal housing assistance under section 8 of the United States housing act. If a landlord fails to consider all income and subsequently rejects an application, they are required to refund double the application fees to the affected tenant or prospective tenant. The provisions of this act will take effect on January 1, 2027.