Texas HB3340 allows municipalities to establish rent control for persons aged 65 and older.

Texas HB3340 amends the Local Government Code to grant municipalities the authority to establish rent control for individuals aged 65 and older. The governing body of a municipality can implement such rent control through an ordinance. The bill also specifies that the governing body must continue or discontinue rent control in the same manner as the governor manages a state of disaster. If the bill receives a two-thirds vote in both houses, it takes effect immediately; otherwise, it becomes effective on September 1, 2025.

Texas HB3340 allows municipalities to establish rent control for persons aged 65 and older.

Texas HB3340 amends the Local Government Code to grant municipalities the authority to establish rent control for individuals aged 65 and older. The governing body of a municipality can implement such rent control through an ordinance. The bill also specifies that the governing body must continue or discontinue rent control in the same manner as the governor manages a state of disaster. If the bill receives a two-thirds vote in both houses, it takes effect immediately; otherwise, it becomes effective on September 1, 2025.