Utah SB0076 amends residential rental payment reporting by defining terms, requiring offer of rent reporting, and setting consequences for renters.

Utah SB0076 amends the residential rental payment reporting process by defining key terms such as "rent reporting" and "nationwide consumer reporting agency." It mandates that owners provide renters with an offer of rent reporting at the time of entering a rental agreement and at least once annually. Owners may charge a fee for rent reporting, but it cannot exceed the actual cost. If a renter opts out of rent reporting or fails to pay the fee, they cannot reenroll for six months. The bill takes effect on January 1, 2027.

Utah SB0076 amends residential rental payment reporting by defining terms, requiring offer of rent reporting, and setting consequences for renters.

Utah SB0076 amends the residential rental payment reporting process by defining key terms such as "rent reporting" and "nationwide consumer reporting agency." It mandates that owners provide renters with an offer of rent reporting at the time of entering a rental agreement and at least once annually. Owners may charge a fee for rent reporting, but it cannot exceed the actual cost. If a renter opts out of rent reporting or fails to pay the fee, they cannot reenroll for six months. The bill takes effect on January 1, 2027.