The proposed bill aims to prohibit algorithmic rent fixing and noncompete agreements within the rental housing market in Washington State. It introduces a new chapter to Title 19 RCW, defining key terms such as "coordinating," "dwelling unit," "landlord," "person," and "service provider." The bill specifies that coordinating activities involving the collection and analysis of rental data from multiple landlords, which could influence rental prices and lease terms, are considered violations. It also clarifies that the publication of rental price estimates based solely on publicly available information is exempt from this definition.

Furthermore, the bill establishes that any landlord or service provider engaging in these prohibited practices is committing a violation of the law. It empowers the attorney general to enforce these provisions and allows individuals harmed by such violations to seek damages under the consumer protection act. The legislation emphasizes that these practices are detrimental to public interest and constitute unfair competition and deceptive trade acts.