Sacramento, CA—Assemblymembers David Chiu (D-San Francisco), Rob Bonta (D-Oakland), and Timothy Grayson (D-Concord) announced amendments today to two high profile tenant protection measures.
Assembly Bill 1482, which prevents rent gouging, will now include a ten-year sunset provision and exempt new construction of up to ten years old.
Assembly Bill 1481 regarding just cause evictions, will now include a ten-year sunset provision, six month vesting period, and exemption from providing relocation assistance for small landlords.
AB 1482 would institute a statewide anti-rent gouging law to protect against the most egregious rent increases tenants face. The bill would cap annual rent increases to Consumer Price Index (CPI) plus five percent for all rental properties in California that are not subject to local rent control ordinances. New amendments adda ten-year sunset provision to the bill and entirely exempt new rental units that are up to ten years old to be sure that new housing production is not stifled.