Relating to tenant deposits; prescribing an effective date.
Summary
Requires Real Estate Commissioner to adopt program to relieve pecuniary loss of landlord liable to tenant due to mismanagement by or dishonest conduct of real estate property manager. Permits landlord to claim reimbursement for pecuniary loss of tenant deposit due to mismanagement by or dishonest conduct of real estate property manager. Grants immunity to landlord and any person who gives information to commissioner relating to claim filed with commissioner. Establishes Tenant Deposit Security Fund. Requires real estate property managers to pay annual fee. Authorizes commissioner to determine amount of fee. Takes effect on 91st day after adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2017
Committee Review
Floor Vote
Governor
Introduced Mar 2, 2017
Last action Jul 8, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Jul 8, 2017
Legislature · Passed
In committee upon adjournment.
legislature
Mar 3, 2017
Committee
Referred to Business and Transportation.
legislature
Mar 2, 2017
Introduced
Introduction and first reading. Referred to President's desk.
legislature
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Floyd Prozanski
DDemocratic
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