| Old | New | Differences | |
|---|---|---|---|
| 1 | - | Substitute Senate Bill No. 114 | |
| 1 | + | General Assembly Substitute Bill No. 114 | |
| 2 | + | January Session, 2013 *_____SB00114HSG___031313____* | |
| 2 | 3 | ||
| 3 | - | ||
| 4 | + | General Assembly | |
| 4 | 5 | ||
| 5 | - | AN ACT PROHIBITING RESIDENTIAL LANDLORDS FROM REQUIRING TENANTS TO PAY RENT BY ELECTRONIC FUNDS TRANSFER. | |
| 6 | + | Substitute Bill No. 114 | |
| 7 | + | ||
| 8 | + | January Session, 2013 | |
| 9 | + | ||
| 10 | + | *_____SB00114HSG___031313____* | |
| 11 | + | ||
| 12 | + | AN ACT PROHIBITING LANDLORDS FROM REQUIRING TENANTS TO PAY RENT BY ELECTRONIC FUNDS TRANSFER. | |
| 6 | 13 | ||
| 7 | 14 | Be it enacted by the Senate and House of Representatives in General Assembly convened: | |
| 8 | 15 | ||
| 9 | - | Section 1. (NEW) (Effective October 1, 2013) For any lease or rental agreement executed on or after October 1, 2013, no landlord of residential real property shall require electronic funds transfer as the exclusive form of payment of rent or a security deposit. For purposes of this section, "electronic funds transfer" means any transfer of funds that is initiated through an electronic terminal, telephone or computer or magnetic tape so as to order, instruct or authorize a financial institution to debit or credit an account but shall not include any transfer originated by check, draft or similar paper instrument. | |
| 16 | + | Section 1. (NEW) (Effective October 1, 2013) No landlord shall require electronic funds transfer as the exclusive form of payment of rent or a security deposit. For purposes of this section, "electronic funds transfer" means any transfer of funds that is initiated through an electronic terminal, telephone or computer or magnetic tape so as to order, instruct or authorize a financial institution to debit or credit an account but shall not include any transfer originated by check, draft or similar paper instrument. | |
| 17 | + | ||
| 18 | + | ||
| 19 | + | ||
| 20 | + | ||
| 21 | + | This act shall take effect as follows and shall amend the following sections: | |
| 22 | + | Section 1 October 1, 2013 New section | |
| 23 | + | ||
| 24 | + | This act shall take effect as follows and shall amend the following sections: | |
| 25 | + | ||
| 26 | + | Section 1 | |
| 27 | + | ||
| 28 | + | October 1, 2013 | |
| 29 | + | ||
| 30 | + | New section | |
| 31 | + | ||
| 32 | + | ||
| 33 | + | ||
| 34 | + | HSG Joint Favorable Subst. | |
| 35 | + | ||
| 36 | + | HSG | |
| 37 | + | ||
| 38 | + | Joint Favorable Subst. |