Kentucky HB201 prohibits landlords from using algorithmic devices to set residential rental prices.
Kentucky HB201 addresses the use of algorithmic devices in setting residential rental prices. The bill defines an "algorithmic device" as a tool that uses algorithms to calculate data, including rent amounts, to advise landlords on rental prices. It prohibits landlords from using such devices to set rent, considering it an unfair and deceptive practice and an illegal restraint of trade. Violations are subject to the same remedies and powers as those under the Consumer Protection Act.
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