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Legislation


2012 Regular Session

SENATE BILL 194

File Code: Real Property Prior Year Introduction As: HB 917/11 - ENV
Sponsored By:
Senators Young, Middleton, and Montgomery
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. For explanation of terms click here.
Senate Action
1/20
First Reading Judicial Proceedings
1/24
Hearing 2/9 at 1:00 p.m.
3/12
Unfavorable Report by Judicial Proceedings
House Action
No Action

Sponsored by:

Senator Ronald N. Young, District 3
Senator Thomas M. Middleton, District 28
Senator Karen S. Montgomery, District 14

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: Available
Amendments: None offered
Committee Votes :
Senate
Judicial Proceedings
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