S451New Jersey2026 sessionIntroduced
Establishes "Forbidding the Algorithmic Inflation of Rent (FAIR) Act."
Plain-language summary
Establishes the "Forbidding the Algorithmic Inflation of Rent (FAIR) Act," targeting the use of algorithmic pricing software by landlords or property managers to set rental prices. The measure addresses concerns that such algorithms may coordinate or inflate rents across multiple properties.
Summary generated by AI from the official bill text — may contain errors.
History
Jan 13, 2026
SIntroduced in the Senate, Referred to Senate Community and Urban Affairs Committee
Mar 5, 2026
SReported from Senate Committee with Amendments, 2nd Reading
Jun 18, 2026
SSenate Amendment (Voice) (Ruiz)
Jun 30, 2026
SSubstituted by A3497 (ACS/1R)
Progress
IntroducedJan 13, 2026
Engrossed
Enrolled
Passed
Signed into law
Sponsors
BS
Rep. Brian Stack (D)Prime sponsor
TR
Rep. Teresa Ruiz (D)
AM
Rep. Angela Mcknight (D)
RM
Rep. Raj Mukherji (D)
BW
Rep. Benjie Wimberly (D)
JC
Rep. Joseph Cryan (D)
Sources
Always verify against the official source. Summaries are AI-generated and may contain errors.