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Legislation


2012 Regular Session

SENATE BILL 361

File Code: Real Property Prior Year Introduction As: HB 917/11 - ENV Crossfiled with: HOUSE BILL 22
Sponsored By:
Senator Shank
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 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. For explanation of terms click here.
Senate Action
1/30
First Reading Judicial Proceedings
2/1
Hearing 2/15 at 1:00 p.m.
2/13
Hearing cancelled
2/20
Unfavorable Report by Judicial Proceedings Withdrawn
House Action
No Action

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 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Not available at this time
Amendments: None offered
Committee Votes :
Senate
Judicial Proceedings
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