The bill, H.B. No. 3340, amends the Local Government Code to grant municipalities the authority to establish rent control specifically for individuals aged 65 and older. This new provision is added as Subsection (a-1) to Section 214.902, allowing local governing bodies to enact ordinances for rent control targeting this demographic. Additionally, the bill modifies Subsection (b) to stipulate that the governing body must continue or discontinue any rent control measures in a manner similar to how the governor manages a state of disaster.

The bill is set to take effect immediately upon receiving a two-thirds majority vote from both houses of the legislature. If it does not achieve this level of support, the bill will become effective on September 1, 2025.

Statutes affected:
Introduced: Local Government Code 214.902 (Local Government Code 214)