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)