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Legislation


2011 Regular Session

HOUSE BILL 917

File Code: Real Property Prior Year Introduction As: HB 970/05 - ENV
Sponsored By:
Delegates McMillan and Stocksdale
Entitled:
Real Property - Residential Leases - Interest on Security Deposits

Synopsis:

Changing the interest rate paid on a security deposit under a residential lease from 3 percent 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.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/11
First Reading Environmental Matters
Hearing 3/10 at 1:00 p.m.
3/23

Favorable with Amendments Report by Environmental Matters
3/21
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/22
Third Reading Passed (138-0)
Senate Action
3/25
First Reading Judicial Proceedings
3/30
Hearing 4/6 at 1:00 p.m.

Sponsored by:

Delegate Herb McMillan, District 30
Delegate Nancy R. Stocksdale, District 5A

Bill indexed under the following Subjects:

Electronic Government
Housing and Community Development, Department of
Interest
Landlord and Tenant -see also- Eviction; Leases & Rent; etc.
Leases and Rent
Security Deposits

Bill affects the following Statutes:

Real Property
( 8-203 , 8-203 , 8-203 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments:
House
Number: 440119/01     Offered on: March 23, 2011   at: 10:27 a.m.     Status: Adopted
Committee Votes :
House
Environmental Matters
Roll Call Vote (Legislative date is shown):
House
March 22, 2011: Third Reading Passed (138-0)
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