HOUSE BILL 637

Sponsored By:

Delegate Barve

Entitled:

Real Property - Mobile Home Park Owners - Interest on Security Deposits

Synopsis:

Reducing from 4% to 3% the interest rate payable by specified mobile home park owners on security deposits to specified residents at the end of a tenancy; and applying the Act prospectively.

History by Legislative Date

House Action

2/7

First Reading Environmental Matters

2/8

Hearing 2/24 at 1:00 p.m.

2/9

Hearing cancelled

Hearing 2/24 at 1:30 p.m.

3/14

Favorable Report by Environmental Matters

3/15

Favorable Report Adopted

Second Reading Passed

3/17

Third Reading Passed (133-3)

4/4

Returned Passed

Senate Action

3/18

First Reading Judicial Proceedings

4/7

Favorable Report by Judicial Proceedings

4/5

Favorable Report Adopted

Second Reading Passed

4/6

Third Reading Passed (47-0)

Action after passage in House and Senate

5/26

Governor vetoed - Cross-filed bill was signed

Bill indexed under the following Subjects:

INTEREST

LANDLORD AND TENANT -see also- EVICTION; LEASES & RENT; etc.

MOBILE HOMES

SECURITY DEPOSITS

Bill affects the following Statute:

Real Property

( 8A-1001 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered

Roll Call Votes (Legislative dates are shown):

House

March 17, 2005: Third Reading Passed (133-3)

Senate

April 6, 2005: Third Reading Passed (47-0)