File Code: Real Property
Prior Year Introduction As: HB 996/02 - ECM
Crossfiled with: HOUSE BILL 217
- Sponsored By:
-
Senator Gladden
- Entitled:
-
Real Property - Residential Leases - Interest on Security Deposits
Altering the interest rate paid on a security deposit under a
residential lease at the end of a tenancy from 4 percent per annum to
the passbook rate at the financial institution in which the security
deposit is held; altering the interest rate paid on a security deposit
under a residential lease when an evicted or ejected tenant makes a
timely written demand for return of the security deposit; and
requiring the interest rate to be adjusted on January 1 and July 1 of
each year.
Senate Action
- 1/31
- First Reading Judicial Proceedings
- 2/5
- Hearing 3/5 at 1:00 p.m.
- 3/11
- Unfavorable Report by Judicial Proceedings
House Action
- No Action
- Bill indexed under the following Subjects:
- EVICTION
- 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
