NY A01255 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 13 2023 - 25% progression
Action: 2024-01-03 - referred to judiciary
Pending: Assembly Judiciary Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provides that a landlord depositing security deposits in an interest bearing account shall be entitled to receive as administration expenses a sum equivalent to 20 percent of the interest earned by such security money per annum, but not to exceed one percent per annum of the money so deposited.

Tracking Information

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Title

Provides that a landlord depositing security deposits in an interest bearing account shall be entitled to receive as administration expenses a sum equivalent to 20 percent of the interest earned by such security money per annum, but not to exceed one percent per annum of the money so deposited.

Sponsors


History

DateChamberAction
2024-01-03Assemblyreferred to judiciary
2023-01-13Assemblyreferred to judiciary

New York State Sources


Bill Comments

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