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S 7882

Relates to the use of algorithmic pricing by landlords for the purpose of determining the amount of rent to charge a residential tenant

2025 Regular Session Introduced by Brad Hoylman-Sigal

Bill S 7882 mandates landlords disclose algorithmic pricing methods, ensuring fair rent practices and allowing tenants to challenge unjust increases, promoting transparency.

SIGNED CHAP.437
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Bill Summary · S 7882

Summary of Bill S 7882: Algorithmic Pricing in Residential Rent

Bill Number: S 7882
Title: Relates to the use of algorithmic pricing by landlords for the purpose of determining the amount of rent to charge a residential tenant
Status: SIGNED CHAP.437
Introduced: May 13, 2025
Primary Sponsor: Brad Hoylman-Sigal

Purpose and Intent

Bill S 7882 aims to regulate the use of algorithmic pricing by landlords when determining rental rates for residential tenants. The intent is to ensure transparency and fairness in rental pricing practices, addressing concerns about potential discrimination and exploitation that may arise from automated pricing models.

Key Provisions

  • Regulation of Algorithmic Pricing: The bill mandates that landlords disclose the algorithms used to determine rent prices. This includes providing tenants with information on how their rental rates are calculated.

  • Fairness and Transparency: Landlords must ensure that the algorithms do not result in discriminatory pricing based on race, gender, or other protected characteristics. The bill seeks to prevent practices that could lead to unjust rent increases or unfair treatment of tenants.

  • Tenant Rights: Tenants will have the right to challenge rent increases that they believe are unjustified based on the algorithmic pricing model. This provision aims to empower tenants and provide them with recourse against potential abuses.

  • Reporting Requirements: Landlords will be required to maintain records of the algorithmic pricing decisions and make them available for review by regulatory authorities.

Who Would Be Affected

  • Landlords: The bill directly impacts landlords who utilize algorithmic pricing models to set rental rates. They will need to adjust their practices to comply with the new regulations.

  • Tenants: Residential tenants will benefit from increased transparency and the ability to contest potentially unfair rent increases. This could lead to more equitable rental practices.

  • Regulatory Authorities: Agencies responsible for overseeing housing and rental practices will have increased responsibilities in monitoring compliance with the new regulations.

Procedural Timeline

  • May 13, 2025: Bill introduced and referred to the Judiciary Committee.
  • May 20, 2025: Reported and committed to the Internet and Technology Committee.
  • June 9, 2025: Passed in the Senate and delivered to the Assembly.
  • June 10, 2025: Substituted for A1417B, passed in the Assembly, and returned to the Senate.
  • October 9, 2025: Delivered to the Governor.
  • October 16, 2025: Signed into law as Chapter 437.

Conclusion

Bill S 7882 represents a significant step towards regulating the use of technology in rental pricing, aiming to protect tenants from potential abuses associated with algorithmic decision-making. By ensuring transparency and fairness, the legislation seeks to create a more equitable housing market for all residents.

Compiled from official sources — confirm details with the bill’s official record.

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