Hawaii SB157 prohibits the use of algorithms to fix rental prices, aiming to combat rising rents in the state.
Hawaii SB157 addresses the state's affordable housing crisis by targeting the use of property management software that employs algorithms to fix rental prices. The bill makes it unlawful for rental property owners to use such software, which has been linked to increased rental costs. Violations are subject to fines and imprisonment. The bill also mandates a public education program by the attorney general to inform citizens about the new law and steps to take if they suspect a violation. The act does not affect existing rights, duties, penalties, or lease contracts.
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