Rep. Gude, Gilbert [R-MD-8] (Introduced 02/20/1973)
Summary: H.R.4377 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in House (02/20/1973)
Directs the President to establish a Rent Control Board which shall control the level of rents in the United States through the establishment of a cost justification formula for landlords.
Provides that whenever the Board determined, through the application of such formula to a landlord, that any rent increase after January 11, 1973, results in his having an unreasonably high rate of return on his capital, the Board shall order such landlord to reduce his rents to an appropriate level.
Empowers the Board to promulgate such regulations as it considers necessary or appropriate to effectuate the provisions of this Act, including regulations to prohibit retaliatory action by any landlord against any tenant.
Summary: H.R.4377 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in House (02/20/1973)
Directs the President to establish a Rent Control Board which shall control the level of rents in the United States through the establishment of a cost justification formula for landlords.
Provides that whenever the Board determined, through the application of such formula to a landlord, that any rent increase after January 11, 1973, results in his having an unreasonably high rate of return on his capital, the Board shall order such landlord to reduce his rents to an appropriate level.
Empowers the Board to promulgate such regulations as it considers necessary or appropriate to effectuate the provisions of this Act, including regulations to prohibit retaliatory action by any landlord against any tenant.
Summary: H.R.4377 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in House (02/20/1973)
Directs the President to establish a Rent Control Board which shall control the level of rents in the United States through the establishment of a cost justification formula for landlords.
Provides that whenever the Board determined, through the application of such formula to a landlord, that any rent increase after January 11, 1973, results in his having an unreasonably high rate of return on his capital, the Board shall order such landlord to reduce his rents to an appropriate level.
Empowers the Board to promulgate such regulations as it considers necessary or appropriate to effectuate the provisions of this Act, including regulations to prohibit retaliatory action by any landlord against any tenant.
Summary: H.R.4377 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in House (02/20/1973)
Directs the President to establish a Rent Control Board which shall control the level of rents in the United States through the establishment of a cost justification formula for landlords.
Provides that whenever the Board determined, through the application of such formula to a landlord, that any rent increase after January 11, 1973, results in his having an unreasonably high rate of return on his capital, the Board shall order such landlord to reduce his rents to an appropriate level.
Empowers the Board to promulgate such regulations as it considers necessary or appropriate to effectuate the provisions of this Act, including regulations to prohibit retaliatory action by any landlord against any tenant.
