2012 Regular Session


File Code: Real Property Prior Year Introduction As: HB 917/11 - ENV
Sponsored By:
Senators Young, Middleton, and Montgomery
Real Property - Residential Leases - Interest on Security Deposits


Changing the interest rate paid on a security deposit under a residential lease from 3 percent per annum to the daily U.S. Treasury yield curve rate for 1 year as of the first business day of each year or 1.5%, whichever is greater; requiring the Department of Housing and Community Development to maintain a specified list on its Web site; applying the Act prospectively; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
First Reading Judicial Proceedings
Hearing 2/9 at 1:00 p.m.
Unfavorable Report by Judicial Proceedings
House Action
No Action

Sponsored by:

Senator Ronald N. Young, District 3
Senator Thomas M. Middleton, District 28
Senator Karen S. Montgomery, District 14

Bill indexed under the following Subjects:

Electronic Government
Housing and Community Development, Department of
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 )


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 :
Judicial Proceedings