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.