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A06824 Summary:

BILL NOA06824A
 
SAME ASSAME AS S07965
 
SPONSORWeinstein (MS)
 
COSPNSRRosenthal, Reilly, Kellner, Gottfried, Dinowitz
 
MLTSPNSRBoyland, Colton, Cook, Farrell, Galef, Glick, Greene, Hooper, Jaffee, Lopez V, Millman, Ortiz, Pheffer, Towns, Wright, Zebrowski
 
Amd S7-103, Gen Ob L
 
Provides that a landlord depositing security deposits in an interest bearing account shall be entitled to receive as administration expenses a sum equivalent to 20 percent of the interest earned by such security money per annum, but not to exceed one percent per annum of the money so deposited.
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