Changing the interest rate paid on a security deposit under a residential lease from 3% per annum to the daily U.S. Treasury yield curve rate for 1 year as of the first business day of each year or 1.5%, whichever is greater; requiring the Department of Housing and Community Development to maintain a specified list on its Web site; applying the Act prospectively; etc.
Bill File Type: Regular
Effective Date(s): January 1, 2015
|Date Posted||Document Name|
|1/28/2014||Text - First - Real Property - Residential Leases - Interest on Security Deposits|
|3/19/2014||Vote - Senate - Committee - Judicial Proceedings|
( 8-203 )
Last Updated: 2/3/2020 2:29 PM