Posts Tagged ‘ballot question’

On August 6, a citizen’s petition called An Initiative Petition to Protect Tenants by Limiting Rent Increases was filed with the Attorney General’s Office seeking inclusion on the 2026 General Election Ballot.

The language, if enacted, would apply statewide and limit annual rent increases to a set cost-of-living adjustment based on the Consumer Price Index, with a maximum cap of 5%, regardless of a change in tenancy during the relevant 12-month period. For context, the cost-of-living increase last year was 2.9%, which would have been the maximum allowable rent increase in 2025 if the proposed measure had been in place. In 2022, the cost-of-living increase was 8%, but the measure would have restricted the maximum rent boost to 5%. Owner-occupied buildings with fewer than five units would be exempt, as would new construction for the first ten years of the building’s existence.