Bill 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.

Note: To view the PDF Bill - Click on the "Click here for Bill Details (PDF)" below.


Bill Text

Date Bill Type Click here for Bill Details (PDF)


Date Action Vote Document
2011-03-22Third Reading Passed Yea: 138 No: 0 Other: 1Document


no data available at this time.

Bill History

Date Action
2011-03-30Hearing 4/6 at 1:00 p.m.
2011-03-25First Reading Judicial Proceedings
2011-03-22Third Reading Passed (138-0)
2011-03-21Second Reading Passed with Amendments
2011-03-21Favorable with Amendments Report Adopted
2011-03-23Favorable with Amendments Report by Environmental Matters
2011-02-11Hearing 3/10 at 1:00 p.m.
2011-02-11First Reading Environmental Matters


Name District
Nancy StocksdaleHD-005A
Herbert McMillanHD-030A