HOUSE BILL 33

File Code: Real Property Prior Year Introduction As: HB 5/93 - JUD

Sponsored By:

Delegate Arnick

Entitled:

Landlords and Mobile Home Park Owners - Security Deposits - Interest

Synopsis:

Reducing from 4% to 2.5% the annual rate of interest on a security deposit required to be paid, within 45 days after the end of tenancy, to a tenant by a landlord or to a resident by a mobile home park owner, less any rightfully withheld damages; construing the Act only prospectively; and applying the Act to any tenancy created or renewed on or after October 1, 1996.

Legislative History

House Action

10/11

Pre-filed

1/10

First Reading Economic Matters

1/24

Hearing 2/1 at 1:00 p.m.

2/12

Unfavorable Report by Economic Matters

Senate Action

No Action

Bill indexed under the following Subjects:

INTEREST

LANDLORD AND TENANT -see also- EVICTION, LEASES AND RENT

MOBILE HOMES

SECURITY DEPOSITS

Bill affects the following Statutes:

Real Property

( 8-203 , 8A-1001 )

Documents:

Bill Text:

First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None available