MD SB337 | 2013 | Regular Session

Status

Spectrum: Slight Partisan Bill (Democrat 8-4)
Status: Introduced on January 24 2013 - 25% progression, died in chamber
Action: 2013-03-11 - Unfavorable Report by Judicial Proceedings
Text: Latest bill text (Introduced) [PDF]

Summary

Changing the interest rate paid on a security deposit at the end of a tenancy under a residential lease or by a mobile home park owner 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 on its Web site a specified list or calculator; applying the Act prospectively; etc.

Tracking Information

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Title

Real Property - Residential Leases - Interest on Security Deposits

Sponsors


History

DateChamberAction
2013-03-11SenateUnfavorable Report by Judicial Proceedings
2013-02-05SenateHearing 2/05 at 1:00 p.m.
2013-01-24SenateFirst Reading Judicial Proceedings

Subjects


Maryland State Sources


Bill Comments

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