MD SB194 | 2012 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 20 2012 - 25% progression, died in chamber
Action: 2012-03-12 - Unfavorable Report by Judicial Proceedings
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 20 2012 - 25% progression, died in chamber
Action: 2012-03-12 - 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 percent 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 |
|---|---|---|
| 2012-03-12 | Unfavorable Report by Judicial Proceedings | |
| 2012-01-24 | Hearing 2/9 at 1:00 p.m. | |
| 2012-01-20 | 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/SB0194.htm |
| Text | http://mlis.state.md.us/2012rs/bills/sb/sb0194f.pdf |
