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End Junk Fees for Renters Act
12/15/2023, 4:01 PM
Summary of Bill HR 4907
Bill 118 hr 4907, also known as the End Junk Fees for Renters Act, is a piece of legislation introduced in the US Congress. The purpose of this bill is to protect renters from excessive and unnecessary fees charged by landlords or property management companies.
The bill specifically targets what are commonly referred to as "junk fees," which are fees that are not related to the actual cost of providing a service or maintaining a property. These fees can include charges for things like credit checks, application processing, and move-in fees.
If passed, the End Junk Fees for Renters Act would prohibit landlords from charging renters for these types of fees. It would also require landlords to clearly disclose all fees that are associated with renting a property before a lease is signed. Supporters of the bill argue that junk fees can place an undue financial burden on renters, especially those who are already struggling to make ends meet. They believe that by eliminating these fees, renters will have a better understanding of the true cost of renting a property and will be better able to budget accordingly. Opponents of the bill, on the other hand, argue that landlords should have the freedom to charge whatever fees they see fit in order to cover their costs and make a profit. They believe that government intervention in this area could lead to unintended consequences, such as higher rents or decreased availability of rental properties. Overall, the End Junk Fees for Renters Act is a controversial piece of legislation that seeks to protect renters from excessive fees while also balancing the interests of landlords. It remains to be seen whether or not the bill will ultimately be passed into law.
The bill specifically targets what are commonly referred to as "junk fees," which are fees that are not related to the actual cost of providing a service or maintaining a property. These fees can include charges for things like credit checks, application processing, and move-in fees.
If passed, the End Junk Fees for Renters Act would prohibit landlords from charging renters for these types of fees. It would also require landlords to clearly disclose all fees that are associated with renting a property before a lease is signed. Supporters of the bill argue that junk fees can place an undue financial burden on renters, especially those who are already struggling to make ends meet. They believe that by eliminating these fees, renters will have a better understanding of the true cost of renting a property and will be better able to budget accordingly. Opponents of the bill, on the other hand, argue that landlords should have the freedom to charge whatever fees they see fit in order to cover their costs and make a profit. They believe that government intervention in this area could lead to unintended consequences, such as higher rents or decreased availability of rental properties. Overall, the End Junk Fees for Renters Act is a controversial piece of legislation that seeks to protect renters from excessive fees while also balancing the interests of landlords. It remains to be seen whether or not the bill will ultimately be passed into law.
Current Status of Bill HR 4907
Bill HR 4907 is currently in the status of Bill Introduced since July 26, 2023. Bill HR 4907 was introduced during Congress 118 and was introduced to the House on July 26, 2023. Bill HR 4907's most recent activity was Referred to the Subcommittee on Economic Opportunity. as of August 24, 2023
Bipartisan Support of Bill HR 4907
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 4907
Primary Policy Focus
Housing and Community DevelopmentComments
Sponsors and Cosponsors of HR 4907
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