SB 5722 · 2022 · Clean buildings
A four-year rent restriction, taken out of an energy bill.
As introduced
Extended the building energy performance standard to multifamily buildings, and required that any building taking incentive money hold rent increases at or below inflation for four years, with administrative penalties for exceeding it. Compliance was measured on a greenhouse-gas-adjusted energy metric that scored a building by the emissions of each fuel it burned.
As enacted
The four-year rent condition is gone, replaced by a discretionary enhanced payment for owners willing to commit to “antidisplacement provisions”, a term the statute never defines and attaches no duration to. The greenhouse-gas-adjusted metric is gone entirely. A small business economic impact statement is now required in both rulemakings, and a null-and-void clause ties the whole act to budget funding.
What remains: the standard now reaches buildings between 20,000 and 50,000 square feet, with penalties of up to 30 cents per square foot for failing to document compliance.
Passed · Ch. 177, Laws of 2022 · Senate 27–22, House 53–45, concurrence 28–21