Several Democratic lawmakers joined the advocacy groups to highlight the return of several high-profile measures, including a bill proposing enhanced protections for tenants that failed to advanced during the 2021 legislative session and a Culinary Union-backed bill proposing to enact rent control similar to the so-called “Neighborhood Stabilization” ballot initiative the union sought to put on the ballot in North Las Vegas last year.
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AB362, sponsored by Assemblywoman Clara Thomas (D-North Las Vegas), would create a cap on rent increases (based on a formula that adds 5 percent to the annual increase in the Consumer Price Index (CPI), allowing increases up to 10 percent per year). It’s similar to the rent control measure sought by the Culinary Union last year, which would have tied maximum rent increases to the CPI in North Las Vegas.