fbpx Skip to content

Stay Up to Date!

Zip Code
This field is for validation purposes and should be left unchanged.

Testimony on SB 907 by Meghan Portfolio

February 2, 2023

Thank you for the opportunity to testify on SB 907: An Act Concerning Fair Rent Commissions. My name is Meghan Portfolio, and I am the Manager of Research and Analysis at Yankee Institute.

Last year Governor Ned Lamont signed into law Public Act 22-30 which forced municipalities having a population of 25,000 or more to create “fair rent commissions” by July 1, 2023.

The commissions were given broad powers to police rent increases, subpoena landlords, and investigate whether proposed hikes are “harsh and unconscionable.” SB 907 will lower the threshold to 10,000 residents.

According to the Office of Fiscal Analysis, PA 22-30 is an unfunded state mandate. A municipality that does not have the resources to conduct housing studies or investigations may incur staff or consulting costs to complete these responsibilities. They also noted that municipalities that hold public hearings on housing issues may incur costs related to police overtime to provide security at such hearings.

State law already allows towns and cities to create these commissions, and 18 other towns and cities currently operate them. Besides requiring local taxpayers to fund their operations, the bill would also subject localities to the cost of potential litigation if landlords should challenge the loosely defined parameters used by commissions.  

Yankee Institute asks the committee to oppose SB 907. PA 22-30 hasn’t even been fully implemented to know if the outcome is positive or negative — or what the fiscal impact will be. Imposing financial burdens on small towns before data is available on the performance of PA 22-30 is irresponsible.

Thank you.

Meghan Portfolio

Meghan worked in the private sector for two decades in various roles in management, sales, and project management. She was an intern on a presidential campaign and field organizer in a governor’s race. Meghan, a Connecticut native, joined Yankee Institute in 2019 as the Development Manager. After two years with Yankee, she has moved into the policy space as Yankee’s Manager of Research and Analysis. When she isn’t keeping up with local and current news, she enjoys running–having completed seven marathons–and reading her way through Modern Library’s 100 Best Novels.

Leave a Reply

Your email address will not be published. Required fields are marked *