33-1329. Regulation of rents;
authority


A. Notwithstanding any other provisions of law to the contrary the state
legislature determines that the imposition of rent control on private residential housing
units by cities, including charter cities, and towns is of statewide concern. Therefore,
the power to control rents on private residential property is preempted by the
state. Cities, including charter cities, or towns shall not have the power to control
rents.


B. The provisions of subsection A shall not apply to residential property which is
owned, financed, insured or subsidized by any state agency, or by any city, including
charter city, or town.