Rent Control Bill Needs Member Support

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AOBA sponsored bills will be heard the week of March 10 that would require a state fiscal and economic impact study before a local government could enact a rent control ordinance. Currently two municipalities in Maryland (College Park and Takoma Park) have rent control ordinances in place, and the threat of other municipalities or counties imposing rent control is real. Because rent control causes a loss of state and local property tax revenues, shifts tax burdens and can skew state aid formulas, the state has an interest in monitoring such actions. Help avoid new rent control laws in Maryland. The bills are: SB 595 and HB 1407. Contact Ron Wineholt at rwineholt@aoba-metro.org if you would like to help support this important legislation.