SENATE BILL 480

Sponsored By:

Senators Garagiola and Haines

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

Senate Action

2/4

First Reading Judicial Proceedings

2/16

Hearing 3/2 at 1:00 p.m.

3/14

Favorable Report by Judicial Proceedings

3/15

Favorable Report Adopted

Second Reading Passed

3/17

Third Reading Passed (47-0)

4/4

Returned Passed

House Action

3/18

First Reading Environmental Matters

3/23

Hearing 3/31 at 1:00 p.m.

4/4

Favorable Report by Environmental Matters

3/31

Favorable Report Adopted

Second Reading Passed

4/1

Third Reading Passed (131-3)

Action after passage in Senate and House

4/12

Signed by the Governor Chapter 23

Sponsored by:

Senator Rob Garagiola, District 15

Senator Larry E. Haines, District 5

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):

Senate

March 17, 2005: Third Reading Passed (47-0)

House

April 1, 2005: Third Reading Passed (131-3)