Florida Senate - 2026                                    SB 1626
       
       
        
       By Senator Bracy Davis
       
       
       
       
       
       15-01267-26                                           20261626__
    1                        A bill to be entitled                      
    2         An act relating to rent reporting to credit reporting
    3         agencies; creating s. 83.684, F.S.; defining the terms
    4         “credit reporting agency” and “rent reporting
    5         service”; authorizing a landlord to report a tenant’s
    6         rent payment history to credit reporting agencies
    7         under certain circumstances; requiring a landlord to
    8         obtain written consent from a tenant to report rent
    9         payments; providing requirements for such written
   10         consent; requiring a landlord to inform a tenant that
   11         he or she is authorized to opt out of rent reporting
   12         at any time without penalty; requiring a landlord to
   13         provide written notice under certain circumstances;
   14         providing notice requirements; authorizing a landlord
   15         to charge a specified fee for providing rent reporting
   16         services; providing an exception; prohibiting a
   17         landlord from taking certain actions; authorizing a
   18         landlord to stop reporting a tenant’s rental payments
   19         under certain circumstances; prohibiting a tenant from
   20         participating in rent reporting for a specified amount
   21         of time under certain circumstances; prohibiting a
   22         landlord from taking retaliatory actions if a tenant
   23         refuses, declines, or opts out of rent reporting;
   24         providing applicability; providing an effective date.
   25          
   26  Be It Enacted by the Legislature of the State of Florida:
   27  
   28         Section 1. Section 83.684, Florida Statutes, is created to
   29  read:
   30         83.684Rent reporting.—
   31         (1)As used in this section, the term:
   32         (a)“Credit reporting agency” means an agency that, for
   33  monetary fees or dues or on a cooperative nonprofit basis,
   34  regularly engages, in whole or in part, in the practice of
   35  assembling or evaluating consumer credit information or other
   36  information on consumers for the purpose of furnishing consumer
   37  reports to third parties and that uses any means or facility of
   38  interstate commerce for the purpose of preparing or furnishing
   39  consumer reports. The term includes agencies such as Equifax,
   40  Experian, and TransUnion.
   41         (b)“Rent reporting service” means a third-party service
   42  that collects, verifies, and reports rent payment information to
   43  a credit reporting agency.
   44         (2)A landlord may report a tenant’s rent payment history
   45  to one or more credit reporting agencies. Rent reporting must be
   46  conducted through a rent reporting service, or the landlord may
   47  report directly to one or more credit reporting agencies if the
   48  landlord complies with all applicable state and federal
   49  regulations.
   50         (3)(a)A landlord must obtain written consent to report
   51  rent payments from a tenant when a rental agreement is executed
   52  or renewed.
   53         (b)The written consent must clearly outline the potential
   54  benefits and risks associated with rent reporting, including the
   55  possibility of negative reporting if rent payments are not made
   56  on time.
   57         (c)A landlord shall inform a tenant that his or her
   58  consent for rent reporting is voluntary and that the tenant may
   59  opt out of rent reporting at any time without penalty by mailing
   60  or delivering to the landlord a true copy of a written notice to
   61  opt out.
   62         (d)A landlord must, in accordance with s. 83.56(4),
   63  provide a tenant with at least 30 days’ written notice if the
   64  landlord decides to start or stop reporting rent payments.
   65         (4)(a)If a landlord elects to engage in rent reporting,
   66  the landlord may require the tenant to pay to the landlord a fee
   67  for such service. The fee may not exceed the lesser of the
   68  actual cost to the landlord to provide rent reporting services
   69  or $10 per month. If the landlord does not incur actual expenses
   70  relating to rent reporting, the landlord may not charge the
   71  tenant a fee under this subsection.
   72         (b)A landlord may not do any of the following:
   73         1.Report the payment or nonpayment of the fee to a credit
   74  reporting agency.
   75         2.Terminate a tenant’s rental agreement because the tenant
   76  did not pay the fee.
   77         3.Deduct the amount of the fee from the tenant’s deposit
   78  money or rent.
   79         (c)If the fee is unpaid for 30 days or more, the landlord
   80  may stop reporting the tenant’s rental payments to the credit
   81  reporting agency or rent reporting service.
   82         (5)If a tenant opts out of rent reporting or the tenant
   83  fails to pay a fee for rent reporting services under subsection
   84  (4), the tenant may not elect to again participate in rent
   85  reporting for at least 6 months after the date on which the
   86  landlord received the written request to opt out or the date on
   87  which the fee under subsection (4) first becomes due.
   88         (6)A landlord may not terminate a tenant’s rental
   89  agreement, increase a tenant’s rent, or engage in any other form
   90  of retaliation solely because a tenant refuses, declines, or
   91  opts out of participating in rent reporting.
   92         (7)This section does not apply to a landlord of a
   93  residential building that contains 15 or fewer dwelling units
   94  unless both of the following apply:
   95         (a)The landlord owns more than one residential building,
   96  regardless of the number of dwelling units in each building.
   97         (b)The landlord is:
   98         1.A real estate investment trust;
   99         2.A corporation; or
  100         3.A limited liability company in which at least one member
  101  is a corporation.
  102         Section 2. This act shall take effect July 1, 2026.