This bill amends the landlord/tenant code to permit the use of a surety bond in place of a security deposit. Instead of paying a refundable security deposit, a tenant may, if the landlord permits, purchase a nonrefundable “surety bond” for a percentage of the security deposit amount. The issuer of the surety bond would then be liable to the landlord in the event the tenant does not pay for any damages sustained by the landlord due to non-payment of rent, breach of lease, or damage to the rental property.
HB92
An Act To Amend Title 25 Of The Delaware Code Relating To Surety Bonds For Rental Property.
This bill amends the landlord/tenant code to permit the use of a surety bond in place of a security deposit. Instead of paying a refundable security deposit, a tenant may, if the landlord permits, purchase a nonrefundable “surety bond” for a percentage of the security deposit amount. The issuer of the surety bond would then be liable to the landlord in the event the tenant does not pay for any damages sustained by the landlord due to non-payment of rent, breach of lease, or damage to the rental property.
Session:
147th General Assembly
Note: To view the PDF Bill - Click on the "Click here for Bill Details (PDF)" below.
Status
Became Law
Bill Text
| Date | Bill Type | Click here for Bill Details (PDF) |
|---|---|---|
| 2013-06-11 | http://legis.delaware.gov/LIS/lis147.nsf/EngrossmentsforLookup/HB+92/$file/Engross.html?open | |
| 2013-04-25 | http://legis.delaware.gov/LIS/lis147.nsf/vwLegislation/HB+92/$file/legis.html?open |
Votes
| Date | Action | Vote | Document |
|---|---|---|---|
| 2013-05-02 | House Third Reading | Yea: 38 No: 0 Other: 3 | Document |
| 2013-06-11 | Senate Third Reading | Yea: 20 No: 0 Other: 1 | Document |
Amendments
no data available at this time.
Bill History
| Date | Action |
|---|---|
| 2013-06-27 | Signed by Governor |
| 2013-06-11 | Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT |
| 2013-05-15 | Reported Out of Committee (COMMUNITY/COUNTY AFFAIRS) in Senate with 4 On Its Merits |
| 2013-05-02 | Assigned to Community/County Affairs Committee in Senate |
| 2013-05-02 | Passed by House of Representatives. Votes: Passed 38 YES 0 NO 0 NOT VOTING 3 ABSENT 0 VACANT |
| 2013-05-02 | Amendment HA 1 - Passed in House by Voice Vote |
| 2013-05-02 | Amendment HA 1 - Introduced and Placed With Bill |
| 2013-05-01 | Reported Out of Committee (HOUSING & COMMUNITY AFFAIRS) in House with 5 Favorable, 4 On Its Merits |
| 2013-04-25 | Introduced and Assigned to Housing & Community Affairs Committee in House |
Sponsors
| Name | District |
|---|---|
| Helene Keeley | HD-003 |
| Brian Bushweller | SD-017 |
| Paul Baumbach | HD-023 |
| Andria Bennett | HD-032 |
| Stephanie Bolden | HD-002 |
| Michael Ramone | HD-021 |
| Jeffrey Spiegelman | HD-011 |
| Bryon Short | HD-007 |
| D.E. Williams | HD-010 |
| Margaret Henry | SD-002 |