SB 744

Allows landlord and tenant to agree to assessment of charge in lieu of security deposit.

Status In Senate Committee (SHDEV)
Sponsors Aaron Woods (Democrat) (Chief)
Fiscal impact May have fiscal impact, but no statement yet issued
Revenue impact May have revenue impact, but no statement yet issued

Bill Text

Allows landlords and tenants to agree to an alternative charge in lieu of a traditional security deposit with established requirements.

Original Bill Text

Sponsors#

Chief Sponsors: Aaron Woods

Overview#

Allows landlord and tenant to agree to assessment of charge in lieu of security deposit. Establishes requirements and form of agreement.

Legislative History

Date Chamber Action
2023-01-17 S Introduction and first reading. Referred to President's desk.
2023-01-17 S Referred to Housing and Development.
2023-06-25 S In committee upon adjournment.

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