Privately owned real property; regulation of rental rates
Sec. 20. (a) This section does not apply to privately owned real
property for which government funds or benefits have been allocated
from the United States government, the state, or a political
subdivision for the express purpose of providing reduced rents to low
or moderate income tenants.
(b) Regulation of rental rates for privately owned real property
must be authorized by an act of the general assembly.
As added by P.L.2-2002, SEC.16.
Last modified: May 24, 2006