AB 1506

State Legislation: AB 1506 Costa Hawkins Repeal

The Costa-Hawkins Act of 1995 put statewide limits on the rent-control ordinances that local governments are allowed to enact. The law, passed in 1995, prohibited rent control on newly constructed residential housing starting in 1999. It also guaranteed owners of rent-controlled buildings the right to raise the rent to market rate for new tenants when former tenants moved out voluntarily.