2000 Regular Session

HOUSE BILL 75

File Code: Real Property
Sponsored By:
Delegate Hutchins
Entitled:
Real Property - Residential Leases - Interest on Security Deposits

Synopsis:

Altering the interest rate paid on a security deposit under a residential lease from 4 percent per annum to the passbook rate then prevailing in the financial institution where the security deposit is being held; requiring the interest rate to be adjusted on January 1 and July 1 of each year; etc.

History by Legislative Date

House Action
11/3
Pre-filed
1/12
First Reading Economic Matters
1/24
Hearing 2/3 at 1:00 p.m.
2/14
Withdrawn
Senate Action
No Action
Bill indexed under the following Subjects:
INTEREST
LANDLORD AND TENANT -see also- EVICTION; LEASES & RENT; etc.
LEASES AND RENT
SECURITY DEPOSITS
Bill affects the following Statute:
Real Property
( 8-203 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered