Nevada State AFL-CIO Announces Support of SB426 to Implement Critical Rent Stabilization Measures

CARSON CITY —  This afternoon, the Nevada State AFL-CIO Executive Secretary-Treasurer Susie Martinez testified in support of Senate Bill 426, which would require the Housing Division of the Department of Business and Industry to establish a maximum cost-of-living increase each year to ensure that tenants aren’t burdened by excessive hikes. This legislation comes as Nevada’s housing crisis continues to worsen, putting unneeded stress on the state’s working families.

“No working family should have to suffer to pay their rent each month. It’s going to take a long time to fully solve our state’s housing crisis, but Nevadans need a solution now,” said Executive Secretary-Treasurer Susie Martinez. “I thank Senator Spearman for bringing this legislation forward, and I hope that we can continue to take bold measures to ensure that every Nevadan has access to affordable housing.”

You can read Executive Secretary-Treasurer Susie Martinez’s testimony, as prepared, below:

Thank you, Chair and members of the committee, for the opportunity to speak this morning.

My name is Susie Martinez, and I’m the Executive Secretary-Treasurer of the Nevada State AFL-CIO.

On behalf of over 150,000 members and 120 unions, the Nevada State AFL-CIO supports Senate Bill 426.

Working families are stretching their paychecks in unimaginable ways to make sure that they can afford housing.

Nevadans are already experiencing a high cost of living, and the housing crisis is burdening our families as wages fail to keep up with inflation.

In order to alleviate the stress that Nevadans are feeling, it is critical that the state regulate rent increases and ensure that the housing crisis isn’t further exacerbated.

It’s simple: Every single Nevada family deserves to live in stable, affordable housing.

I strongly urge the committee to support Senate Bill 426. Thank you.

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