File Code: Real Property
- Sponsored By:
-
Delegate Owings
- Entitled:
-
Real Property - Residential Leases - Security Deposits
Providing that security deposits under a residential lease are free
from any attachment by creditors of the landlord or the tenant;
altering the annual interest rate paid, from 4% to 2%, on a security
deposit under a residential lease at the end of a tenancy and prior to
the end of a tenancy under specified circumstances; altering the rate
of accrual, from 6-month to 12-month intervals, for interest paid on a
security deposit under a residential lease; and applying the Act
prospectively.
House Action
- 2/9
- First Reading Environmental Matters
- Hearing 3/4 at 1:00 p.m.
- 2/27
- Hearing cancelled
- Hearing 3/4 at 2:30 p.m.
- 3/9
- Withdrawn
Senate Action
- No Action
- Bill indexed under the following Subjects:
- ATTACHMENTS AND GARNISHMENTS
- DEBT COLLECTION -see also- ATTACHMENTS AND GARNISHMENTS
- INTEREST
- LANDLORD AND TENANT -see also- EVICTION; LEASES & RENT; etc.
- LEASES AND RENT
- SECURITY DEPOSITS
- Bill affects the following Statute:
- Real Property
- (
8-203
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered