underscored material = new
[bracketed material] = delete
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
HOUSE BILL 215
57
TH LEGISLATURE
-
STATE
OF
NEW
MEXICO
-
FIRST SESSION
,
2025
INTRODUCED BY
Andrea Romero and Angelica Rubio
AN ACT
RELATING TO PROPERTY; ENACTING A NEW SECTION OF THE UNIFORM
OWNER-RESIDENT RELATIONS ACT; PROHIBITING THE USE OF ARTIFICIAL
INTELLIGENCE TO MANIPULATE RENT PRICING.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. A new section of the Uniform Owner-Resident
Relations Act is enacted to read:
"[NEW MATERIAL] ARTIFICIAL INTELLIGENCE MANIPULATION OF
RENT PRICING.--
A. As used in this section:
(1) "consciously parallel pricing
coordination" means a tacit agreement between two or more
owners of separate properties to raise, lower, change, maintain
or manipulate pricing of rent for the separate properties;
(2) "coordinating function" means:
.229456.1 underscored material = new
[bracketed material] = delete
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
(a) collecting historical or
contemporaneous prices, supply levels or lease or rental
contract termination and renewal dates of dwelling units from
two or more rental property owners;
(b) analyzing or processing of the
information described in Subparagraph (a) of this paragraph
through use of a system, software or process that uses
computation, including by using the information to train an
algorithm; and
(c) recommending rent prices, lease
renewal terms or occupancy levels to an owner; and
(3) "coordinator" means a person who operates
a software or data analytics service that performs a
coordinating function for an owner, including a rental property
owner performing a coordinating function for the rental
property owner's own benefit.
B. It is unlawful for:
(1) an owner or an agent of an owner to
subscribe to, contract with or otherwise exchange a form of
consideration in return for the use of services of a
coordinator;
(2) a coordinator to facilitate an agreement
among owners of separate properties that restricts competition
with respect to residential dwelling units, including by
performing a coordinating function; or
.229456.1
- 2 - underscored material = new
[bracketed material] = delete
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
(3) two or more rental property owners to
engage in consciously parallel pricing coordination.
C. A person who is injured by unlawful actions
provided pursuant to this section may sue in a court having
jurisdiction in the county in the state where the defendant
resides or is found or an agent resides or is found or where
service may be obtained."
- 3 -
.229456.1