HB 262: "An Act relating to increases in rent for dwelling units; and providing for an effective date."
00 HOUSE BILL NO. 262 01 "An Act relating to increases in rent for dwelling units; and providing for an effective 02 date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 34.03.020 is amended by adding a new subsection to read: 05 (f) While rent for a dwelling unit is current, a landlord may not increase rent 06 for the dwelling unit unless the landlord gives written notice to the tenant at least 90 07 days before the date of the increase specified in the notice. Upon termination, either by 08 a landlord or by the expiration of the term, of a rental agreement or month to month 09 tenancy for a dwelling unit whose rent is current, 10 (1) if notice has been given to the tenant under this subsection, the rent 11 for the dwelling unit in a subsequent rental agreement or month to month tenancy may 12 not exceed the amount charged under the terminated or expired rental agreement or 13 month to month tenancy until after the date of the increase specified in the notice; or 14 (2) if notice has not been given to the tenant under this subsection, the
01 rent for the dwelling unit in a subsequent rental agreement or month to month tenancy 02 may not exceed the amount charged under the terminated or expired rental agreement 03 or month to month tenancy until 90 days after the date the rental agreement was 04 terminated or expired. 05 * Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section to 06 read: 07 APPLICABILITY. This Act applies to a rental agreement that is entered into on or 08 after the effective date of this Act. 09 * Sec. 3. This Act takes effect immediately under AS 01.10.070(c).