HB1019: HB1019 Senior Stabilization Act; enact

26 LC 62 9003 House Bill 1019 By: Representatives Barnes of the 86th, Glaize of the 67th, Alexander of the 66th, Hugley of the 141st, Clark of the 108th, and others A BILL TO BE ENTITLED AN ACT To amend Chapter 7 of Title 44 of the Official Code of Georgia Annotated, relating to1 landlord and tenant, so as to provide for rent increase limits for certain senior citizens; to2 provide for a short title; to provide for related matters; to r epeal conflicting laws; and for3 other purposes.4 BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:5 SECTION 1.6 This Act shall be known and may be cited as the "Senior Stabilization Act."7 SECTION 2.8 Chapter 7 of Title 44 of the Official Code of Georgia Annotated , relating to landlord and9 tenant, is amended by adding a new Code section to read as follows:10 "44-7-26.11 (a) As used in this Code section, the term 'tenant' means a person who is entitled under a12 rental agreement that exists on June 30, 2026, between the person and a landlord to occupy13 a dwelling unit to the exclusion of others and:14 (1) Is 62 years of age or older; and15 H. B. 1019 - 1 - 26 LC 62 9003 (2) Whose primary source of income is from payments received pursuant to the federal16 Social Security Act, including retirement and survivor's benefits, supplemental security17 income benefits, and disability income benefits.18 (b) During the period beginning July 1, 2026, and ending December 31, 2028, no landlord19 shall renew the rental agreement or enter into a new rental agreement for a dwelling unit20 with the existing tenant of such dwelling unit that increases the rent payable by the existing21 tenant for such dwelling unit in an amount that is more than 10 percent of the rent payable22 by the existing tenant pursuant to the rental agreement that is in effect on June 30, 2026."23 SECTION 3.24 All laws and parts of laws in conflict with this Act are repealed.25 H. B. 1019 - 2 -