Legislation Details

Reference No. CB-063-2014    Draft No. 1
Type: Council Bill Status: Enacted
Meeting Body County Council
Meeting Date 11/12/2014
Introduced Date 10/7/2014 Public Hearing Date
Effective date: 1/1/2015    
Title: AN ACT CONCERNING RESIDENTIAL LEASES - SECURITY DEPOSITS for the purpose of altering the interest rate paid on a security deposit under a residential lease at the end of a tenancy; altering the time for mailing a certain notice; providing for a delayed effective date; and generally relating to the interest paid on security deposits under residential leases.
Proposers/Sponsors: Derrick Leon Davis, Mel Franklin, Andrea C. Harrison, Ingrid M. Turner
Code sections: 13-159 - Reserved.
Attachments: 1. B2014063.pdf, 2. CB-063-2014 AIS, 3. CB-063-2014 Report
Contact: Kathleen H. Canning, Legislative Officer
Title
AN ACT CONCERNING RESIDENTIAL LEASES - SECURITY DEPOSITS for the purpose of altering the interest rate paid on a security deposit under a residential lease at the end of a tenancy; altering the time for mailing a certain notice; providing for a delayed effective date; and generally relating to the interest paid on security deposits under residential leases.
Background
This bill alters the interest rate paid on a security deposit under a residential lease at the end of a tenancy. The time for mailing notice is altered to conform to State law. This bill has a delayed effective date.