HB 2323 – Requiring landlords to report on-time rent payments to consumer reporting agencies
DEAD – Requiring landlords to report on-time rent payments to consumer reporting agencies
Sponsors: Peterson, Reed, Ramel, Morgan, Bateman, Davis, Simmons, Pollet, Macri
Status: Housing
Summary
- Would require landlord to report tenants rental payments to a National CRA if requested by a tenant
- Would require landlord to send notices to Tenant notifying of this option.
- Would not require reporting of late or missed rental payments
- A Tenant could choose to opt out at any time before a late or missed payment for Example
- A late or missed payment, the Landlord is to assume the tenant is opting out of the reporting requirement
- Bill appears to only favor the tenant and undermines the reason for even reporting to a CRA in the first place.
RENT CONTROL .........Take Action on HB 2114 and SB 5961
SB 5961 Link: https://app.leg.wa.gov/billsummary?BillNumber=5961&Chamber=Senate&Year=2023
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