SF1036

This bill, S.F. No. 1036, introduced in the Minnesota Senate, aims to regulate the relationship between landlords and tenants by specifically targeting "coordinating services." These services collect and analyze rental data from various landlords to recommend pricing, lease terms, and occupancy levels, often utilizing software or algorithms.

Under this proposed legislation, landlords would be prohibited from: 1. Subscribing to, contracting with, or exchanging value for any services from coordinators who offer such data analytics.

Similarly, coordinators (the providers of these data services) are prohibited from: 1. Facilitating agreements among landlords that would prevent competition in the rental market.

The bill describes offenses and indicates that existing state laws related to business competition (sections 325D.49 to 325D.66) would also apply to any violations of these provisions. This essentially seeks to prevent the use of technology by landlords to manipulate rental markets unfairly.