MD SB450 | 2014 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 27 2014 - 25% progression, died in chamber
Action: 2014-03-20 - Unfavorable Report by Judicial Proceedings
Text: Latest bill text (Introduced) [PDF]

Summary

Changing the interest rate paid on a security deposit under a residential lease 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.

Tracking Information

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Title

Real Property - Residential Leases - Interest on Security Deposits

Sponsors


History

DateChamberAction
2014-03-20SenateUnfavorable Report by Judicial Proceedings
2014-02-20SenateHearing 2/20 at 1:00 p.m.
2014-01-27SenateFirst Reading Judicial Proceedings

Subjects


Maryland State Sources


Bill Comments

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