Summary:

 House Bill 43 (HB 43) requires owners to limit income screening calculations to the remaining ratio of income to rent payment after income from federal, state, local or tribal housing assistance is subtracted from the total amount of the rent payment. 

Legislation Overview:

 House Bill 43 (HB 43) enacts a new section of the Uniform Owner-Resident Relations Act that limits an owner’s income screening of an applicant (renter) to a calculation of the remaining ratio of income to rent-payment-due after income from federal, state, local or tribal housing assistance has been subtracted from the total amount of the rent payment.

Further, owners must include as a source of income money that comes from a lawful profession, occupation or job; pension; annuity; alimony; child support; or any other recurring, lawful and verifiable monetary consideration, providing documentation of the income and length of time the renter is qualified to receive the income is presented.