AN ACT to amend Tennessee Code Annotated, Title 47 and Title 66, relative to manipulation of rental prices.
Summary
HB2234, titled the “Stop Rent Rigging Act,” would make it unlawful under Tennessee’s restraint-of-trade laws for residential rental property owners or managers to use certain software, data analytics services, or algorithmic devices to coordinate rental pricing or lease terms with other landlords. The bill defines key terms such as “algorithm,” “algorithmic device,” and “coordinating function,” and targets systems that collect rental market data from multiple landlords, analyze it, and then recommend rent levels, renewal terms, occupancy targets, or other lease conditions.
The bill also prohibits a landlord or manager from knowingly or recklessly setting rents or lease terms based on recommendations from such a coordinating system. It expressly excludes tools used to set rent or income limits under government affordable housing programs. The measure would take effect July 1, 2026, and would amend Tennessee Code Annotated Titles 47 and 66, with violations carrying the same civil and criminal penalties as existing antitrust violations under § 47-25-101.
Impact
HB2234 would expand Tennessee antitrust and trade-practices law to specifically address algorithmic rent-setting and landlord coordination in the residential rental market. It would create new statutory prohibitions against software-enabled price coordination among landlords and against reliance on algorithmic recommendations for rent or lease decisions, while preserving the use of compliant affordable-housing pricing tools. The bill would affect residential rental property owners and managers, software vendors, data analytics providers, and potentially property management firms operating in Tennessee.
Sentiment
No committee transcripts or recorded votes were provided, so there is no direct evidence of legislative debate or formal support/opposition in the supplied materials. Based on the bill text alone, the measure appears to reflect concern about rent manipulation and algorithmic collusion in housing markets, suggesting a consumer-protection and anti-price-fixing rationale. The absence of recorded discussion or voting history means overall sentiment cannot be reliably measured from the provided record.
Contention
The main points of contention likely center on whether the bill’s definitions are broad enough to capture legitimate property-management software and market analytics tools, and whether it could inadvertently chill ordinary business practices such as benchmarking or revenue management. Supporters would likely emphasize preventing coordinated rent increases and protecting tenants from algorithm-driven price fixing, while opponents may argue that the bill could sweep in lawful, independent pricing tools or create uncertainty for landlords and software providers. The explicit carve-out for affordable housing programs suggests lawmakers anticipated concerns about unintended effects on regulated housing tools.
AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 13; Title 47; Title 48; Title 61 and Title 66, relative to ownership of residential rental property by business entities.
AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 13; Title 47; Title 48; Title 61 and Title 66, relative to ownership of residential rental property by business entities.
AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 39; Title 47; Title 48; Title 55; Title 56; Title 62; Title 66 and Title 67, relative to motor vehicles.
Relating to certain municipal regulation of certain mixed-use and multifamily residential development projects and conversion of certain commercial buildings to mixed-use and multifamily residential occupancy.