AB 246 (Bryan D) Residential rent: County of Los Angeles.

Current Text: Amended: 3/5/2025 
Last Amend: 3/5/2025
Status: 3/6/2025-Read second time. Ordered to third reading.
Location: 3/6/2025-A. THIRD READING
Summary: The Costa-Hawkins Rental Housing Act, among other things, authorizes an owner of
residential real property to establish initial and subsequent rental rates for a dwelling or unit that
meets specified conditions, subject to certain exceptions. Current law, until January 1, 2030, prohibits
an owner of residential real property from, over the course of any 12-month period, increasing the
gross rental rate, as specified, for a dwelling or a unit more than 5% plus the percentage change in
the cost of living, or 10%, whichever is lower, of the lowest gross rental rate charged for that dwelling
or unit at any time during the 12 months before the effective date of the increase, subject to specified
conditions. This bill, notwithstanding any other law, would prohibit an owner of residential real
property from charging a rental rate for a dwelling or a unit that had a tenant in lawful possession of
the residential real property on or before January 7, 2025, and is located in the County of Los Angeles
in excess of the rental rate for the dwelling or unit charged on January 7, 2025, except as specified.
The bill would remain in effect until March 1, 2026, and would be repealed as of that date.