MD HB343 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 19 2022 - 25% progression, died in chamber
Action: 2022-03-07 - Unfavorable Report by Environment and Transportation
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 19 2022 - 25% progression, died in chamber
Action: 2022-03-07 - Unfavorable Report by Environment and Transportation
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the calculation of simple interest on security deposits held by a residential landlord or a mobile home park owner and owed to a residential tenant or mobile home park resident by repealing the requirement that interest be calculated at a rate of 1.5% per year if that percentage exceeds the U.S. Treasury yield curve rate.
Title
Residential Rental Properties and Mobile Home Parks - Security Deposits - Rate of Interest
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-03-07 | House | Unfavorable Report by Environment and Transportation |
| 2022-01-25 | House | Hearing 2/08 at 1:00 p.m. |
| 2022-01-19 | House | First Reading Environment and Transportation |
Subjects
Interest
Landlord and Tenant
Leases and Rent
Mobile and Manufactured Homes
Real Property
Residential Property
Revenue and Taxes
Security Deposits
Landlord and Tenant
Leases and Rent
Mobile and Manufactured Homes
Real Property
Residential Property
Revenue and Taxes
Security Deposits
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| Real Property | 8 | 203 | (n/a) | See Bill Text |
| Real Property | 8A | 1001 | (n/a) | See Bill Text |
