2010 Regular Session


File Code: Real Property
Sponsored By:
Delegates Weir, Boteler, McConkey, Minnick, Shewell, and Stocksdale
Real Property - Residential Leases - Interest on Security Deposits


Altering, from 3 percent to the Federal Reserve discount rate as of January 1 of each year, the annual interest rate paid on a security deposit under a residential lease after the end of a tenancy; altering, to either 3 percent or the Federal Reserve discount rate, whichever is less as of January 1 of each year, the annual interest rate paid on a security deposit prior to the termination of a tenancy; altering, from 6 months to 12 months, the interval at which interest accrues on a security deposit under a residential lease; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
First Reading Environmental Matters
Hearing 2/25 at 1:00 p.m.
Unfavorable Report by Environmental Matters
Senate Action
No Action

Sponsored by:

Delegate Michael H. Weir, Jr., District 6
Delegate Joseph C. Boteler, III, District 8
Delegate Tony McConkey, District 33A
Delegate Joseph J. Minnick, District 6
Delegate Tanya T. Shewell, District 5A
Delegate Nancy R. Stocksdale, District 5A

Bill indexed under the following Subjects:

Landlord and Tenant -see also- Eviction; Leases & Rent; etc.
Leases and Rent
Security Deposits

Bill affects the following Statutes:

Real Property
( 8-203 , 8-203 , 8-203 )


All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
Committee Votes :
Environmental Matters