File Code: Real Property
Crossfiled with: SENATE BILL 863
- Sponsored By:
-
Delegates Bates, Arnick, Aumann, Bartlett, Benson, Boutin,
G. Clagett, Costa, C. Davis, Eckardt, Elliott, Feldman, Heller,
Hubbard, Krebs, Love, Miller, Minnick, Montgomery, Owings, Petzold,
Ross, Stull, Taylor, Trueschler, Vallario, Vaughn, and Weldon
- Entitled:
-
Real Property - Residential Leases - Interest on Security Deposits
Altering the interest rate paid on a security deposit under a
residential lease; requiring the interest rate for a tenancy of 6
months or more to be the Federal Reserve discount rate as of January 1
of each year; requiring a security deposit for a tenancy of less than
6 months to be returned without interest, less any damages rightfully
withheld; and providing for the application of the Act.
House Action
- 2/2
- First Reading Environmental Matters
- Hearing 2/26 at 1:00 p.m.
- 3/16
- Unfavorable Report by Environmental Matters
Senate Action
- No Action
- Sponsored by:
- Delegate Gail H. Bates, District 9A
- Delegate John S. Arnick, District 6
- Delegate Susan L. M. Aumann, District 42
- Delegate Joseph R. Bartlett, District 4A
- Delegate Joanne C. Benson, District 24
- Delegate Charles R. Boutin, District 34A
- Delegate Galen R. Clagett, District 3A
- Delegate Robert A. Costa, District 33B
- Delegate Clarence Davis, District 45
- Delegate Adelaide C. Eckardt, District 37B
- Delegate Donald B. Elliott, District 4B
- Delegate Brian J. Feldman, District 15
- Delegate Henry B. Heller, District 19
- Delegate James W. Hubbard, District 23A
- Delegate Susan W. Krebs, District 9B
- Delegate Mary Ann E. Love, District 32
- Delegate Warren E. Miller, District 9A
- Delegate Joseph J. Minnick, District 6
- Delegate Karen S. Montgomery, District 14
- Delegate George W. Owings, III, District 27B
- Delegate Carol S. Petzold, District 19
- Delegate Justin D. Ross, District 22
- Delegate Paul S. Stull, District 4A
- Delegate Herman L. Taylor, Jr., District 14
- Delegate John G. Trueschler, District 42
- Delegate Joseph F. Vallario, Jr., District 27A
- Delegate Michael L. Vaughn, District 24
- Delegate Richard B. Weldon, Jr., District 3B
- Bill indexed under the following Subjects:
- INTEREST
- LANDLORD AND TENANT -see also- EVICTION; LEASES & RENT; etc.
- SECURITY DEPOSITS
- Bill affects the following Statutes:
- Real Property
- (
8-203 ,
8-203
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered