Tenant's Rights‎ > ‎

The Security Deposit Interest Act

posted Mar 18, 2015, 2:27 PM by Laura Hoover
House Bill 1319 provides that the requirement that a lessor pay accumulated interest within 30 days after the end of each 12-month rental period applies to interest that has accumulated to an amount of $5 or more. Requires that the lessor pay all interest that has accumulated and remains unpaid, regardless of the amount, upon termination of the tenancy. Assigned to House Judiciary Committee (Civil).