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A06254 Summary:

BILL NOA06254
 
SAME ASSAME AS S03311
 
SPONSORWalker
 
COSPNSRD'Urso
 
MLTSPNSR
 
Amd 7-103, 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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