Bill Sponsors: IL HB1319 | 2015-2016 | 99th General Assembly
Bill Title: Amends the Security Deposit Interest Act. Provides that the requirement that a lessor pay accumulated interest within 30 days after the end of each 12 month rental period applies to interest that has accumulated to an amount of $5 or more. Provides that the lessor shall pay all interest that has accumulated and remains unpaid, regardless of the amount, upon termination of the tenancy.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2015-08-04 - Public Act . . . . . . . . . 99-0253 [HB1319 Detail]
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2015-08-04 - Public Act . . . . . . . . . 99-0253 [HB1319 Detail]
Text: Latest bill text (Chaptered) [HTML]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Representative Louis Lang [D] | Primary | Sponsored Bills | HD-016 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Ira Silverstein [D] | Primary | Sponsored Bills | SD-008 | FollowTheMoney | Ballotpedia | VoteSmart |
Senator Heather Steans [D] | Cosponsor | Sponsored Bills | SD-007 | FollowTheMoney | Ballotpedia | VoteSmart |