Connecticut 2011 Regular Session

Connecticut House Bill HB05892 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 5892
22 January Session, 2011 LCO No. 848
33 Referred to Committee on Housing
44 Introduced by:
55 REP. GIULIANO, 23rd Dist.
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77 General Assembly
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99 Proposed Bill No. 5892
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1111 January Session, 2011
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1313 LCO No. 848
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1515 Referred to Committee on Housing
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1717 Introduced by:
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1919 REP. GIULIANO, 23rd Dist.
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2121 AN ACT CONCERNING INTEREST ON SECURITY DEPOSITS.
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2323 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2525 That section 47a-21 of the general statutes be amended to repeal the requirement that landlords pay one and one-half per cent interest on security deposits and to instead provide that such interest shall be at a rate equal to the standard savings interest rate for banks in the state.
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2727 Statement of Purpose:
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2929 To bring the interest rate on security deposits in line with current interest rates.