Relates to tenant security deposit accounts and administrative expenses to which a person may be entitled
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 6, 2025
Last action Jan 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO JUDICIARY
lower
Mar 6, 2025
Committee
REFERRED TO JUDICIARY
lower
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Latrice Walker
DDemocratic
Co
Harvey Epstein
DDemocratic
Co
Zohran Mamdani
DDemocratic
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