To study the need for, and the feasibility and cost of, establishing a national residential rental registry, and for other purposes.

12/19/2024, 9:07 AM
Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bill 118 hr 10465, also known as the National Residential Rental Registry Act, aims to investigate the necessity, feasibility, and cost of creating a national database for residential rental properties in the United States. The bill proposes to study the potential benefits and drawbacks of establishing such a registry, as well as the logistical and financial implications of implementing and maintaining it.

The purpose of the registry would be to provide a centralized database of rental properties across the country, which could potentially help in tracking rental trends, ensuring compliance with housing regulations, and improving transparency in the rental market. The bill also mentions that the registry could potentially aid in disaster response and recovery efforts by providing accurate information on rental properties in affected areas.

The study mandated by the bill would assess the need for a national rental registry, evaluate the feasibility of creating and maintaining such a database, and estimate the costs associated with its implementation. The findings of the study would be used to inform future policy decisions regarding the establishment of a national residential rental registry. Overall, Bill 118 hr 10465 seeks to gather information and data on the potential benefits and challenges of creating a national rental registry, with the ultimate goal of improving oversight and regulation of the residential rental market in the United States.
Congress
118
Number
HR - 10465
Introduced on
2024-12-18
# Amendments
0
Sponsors
+5

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bill 118 hr 10465, also known as the National Residential Rental Registry Act, aims to investigate the necessity, feasibility, and cost of creating a national database for residential rental properties in the United States. The bill proposes to study the potential benefits and drawbacks of establishing such a registry, as well as the logistical and financial implications of implementing and maintaining it.

The purpose of the registry would be to provide a centralized database of rental properties across the country, which could potentially help in tracking rental trends, ensuring compliance with housing regulations, and improving transparency in the rental market. The bill also mentions that the registry could potentially aid in disaster response and recovery efforts by providing accurate information on rental properties in affected areas.

The study mandated by the bill would assess the need for a national rental registry, evaluate the feasibility of creating and maintaining such a database, and estimate the costs associated with its implementation. The findings of the study would be used to inform future policy decisions regarding the establishment of a national residential rental registry. Overall, Bill 118 hr 10465 seeks to gather information and data on the potential benefits and challenges of creating a national rental registry, with the ultimate goal of improving oversight and regulation of the residential rental market in the United States.

Comments

Recent Activity

Latest Action12/18/2024
Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the j...