MD SB361 | 2012 | Regular Session
Status
Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on January 30 2012 - 25% progression, died in chamber
Action: 2012-02-20 - Unfavorable Report by Judicial Proceedings Withdrawn
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 30 2012 - 25% progression, died in chamber
Action: 2012-02-20 - Unfavorable Report by Judicial Proceedings Withdrawn
Text: Latest bill text (Introduced) [PDF]
Summary
Changing the interest rate paid on a security deposit both under a residential lease at the end of a tenancy and when an evicted or ejected tenant makes a timely written demand for return of the security deposit from 3% 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.
Title
Real Property - Residential Leases - Interest on Security Deposits
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2012-02-20 | Unfavorable Report by Judicial Proceedings Withdrawn | |
| 2012-02-13 | Hearing cancelled | |
| 2012-02-01 | Hearing 2/15 at 1:00 p.m. | |
| 2012-01-30 | First Reading Judicial Proceedings |
Subjects
Electronic Government
Housing and Community Development, Department of
Interest
Landlord and Tenant
Leases and Rent
Security Deposits
Housing and Community Development, Department of
Interest
Landlord and Tenant
Leases and Rent
Security Deposits
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2012rs/billfile/SB0361.htm |
| Text | http://mlis.state.md.us/2012rs/bills/sb/sb0361f.pdf |
