As amended on 3/5/2026: - Prohibits a rental property owner from using a service that collects rental data from multiple property owners to algorithmically recommend rent prices or other lease terms. - Makes it a violation of the New Jersey Antitrust Act for a person or software company to facilitate agreements among property owners that restrict competition by collecting their rental data and recommending prices. - The 3/5/2026 amendments specify that a coordinating function includes use of a system, software, algorithm, or other automated process that uses computation. Exempts from the definition of a “coordinator” for a government entity that sets or limits rents or sale prices of residential property through affordability controls in accordance with law.
| Date | Chamber | Action |
|---|---|---|
Mar 5, 2026 | S | Hearing Scheduled - Community and Urban Affairs |
Mar 5, 2026 | — | Reported from Senate Committee with Amendments, 2nd Reading |
Jan 13, 2026 | — | Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee |
| Last Action | Mar 5, 2026 |
|---|---|
| Year | 2026 |
| Bill Type | Bill |
| Created | Mar 21, 2026 |
| Updated | Mar 9, 2026 |