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A01255 Summary:
BILL NO | A01255 |
  | |
SAME AS | No Same As |
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SPONSOR | Walker |
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COSPNSR | Epstein, Mamdani |
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MLTSPNSR | |
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Amd §7-103, 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. |