House Bill No. by Representative Knox proposes the enactment of Chapter 51 of Title 33 of the Louisiana Revised Statutes, specifically R.S. 33:9731, which grants municipalities and parishes the authority to implement rent stabilization measures. The bill allows these local governing bodies to adopt ordinances for rent stabilization through a majority vote.

This legislation aims to provide municipalities with the necessary tools to address housing affordability and stability within their communities. By enabling local governments to enact rent stabilization measures, the bill seeks to empower them to respond to the unique housing challenges they face.