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Legislation


2012 Regular Session

HOUSE BILL 22

File Code: Real Property Prior Year Introduction As: HB 917/11 - ENV Crossfiled with: SENATE BILL 361
Sponsored By:
Delegate McMillan
Entitled:
Real Property - Residential Leases - Interest on Security Deposits

Synopsis:

Changing the interest rate paid on a security deposit both under a residential lease at the end of a tenancy and when an evicted or ejected tenant makes a timely written demand for return of the security deposit 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 on its Web site a specified list or calculator; 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. For explanation of terms click here.
House Action
11/7
Pre-filed
1/11
First Reading Environmental Matters
1/18
Hearing 2/2 at 1:00 p.m.
3/5

Favorable with Amendments Report by Environmental Matters
3/6
Favorable with Amendments {400715/1 Report Adopted
Second Reading Passed with Amendments
3/8
Third Reading Passed (135-2)
Senate Action
3/9
First Reading Judicial Proceedings
4/5
Hearing 4/6 at 1:00 p.m.

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
Mobile and Manufactured Homes
Reports
Security Deposits

Bill affects the following Statutes:

Real Property
( 8-203 , 8-203 , 8A-1001 )

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: 400715/01     Offered on: March 6, 2012   at: 10:25 a.m.     Status: Adopted
Committee Votes :
House
Environmental Matters
Roll Call Vote (Legislative date is shown):
House
March 8, 2012: Third Reading Passed (135-2)
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