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A00858 Summary:
BILL NO | A00858 |
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SAME AS | SAME AS S03183 |
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SPONSOR | Weinstein (MS) |
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COSPNSR | Gottfried, Dinowitz, Sepulveda |
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MLTSPNSR | Galef, Glick, Jaffee, Millman, Ortiz, Perry, Wright |
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Amd S7-103, Gen Ob L | |
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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. |