1997 Regular Session

HOUSE BILL 1341

File Code: Real Property
Sponsored By:
Delegate W. Baker
Entitled:
Landlord and Tenant - Security Deposits

Synopsis:

Altering the method of determining the amount of simple interest to be returned, together with the security deposit, to certain tenants who have been evicted or ejected or have abandoned the property; and providing that the simple interest which has accrued is the current savings rate less one-half percent servicing charges, not 4 percent per annum.

Legislative History

House Action
2/20
First Reading Economic Matters
Hearing 3/13 at 1:00 p.m.
3/21
Unfavorable Report by Economic Matters
Senate Action
No Action
Bill indexed under the following Subjects:
EVICTION
INTEREST
LANDLORD AND TENANT -see also- EVICTION; LEASES AND RENT
SECURITY DEPOSITS
Bill affects the following Statute:
Real Property
( 8-203 )

Documents:

Bill Text:
First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)