Connecticut Senate Bill SB00278

Connecticut 2019 Regular Session

• Introduced: 1/23/19
• Refer: 1/23/19

Caption

An Act Allowing Landlords To Require A Security Deposit In An Amount Greater Than Two Months' Rent.

Impact

The bill, if passed, would alter section 47a-21 of the general statutes, which governs security deposits in rental agreements. By enabling landlords to demand higher security deposits, the bill could affect the dynamics of tenant-landlord relationships by placing greater financial burdens on tenants seeking rental housing. It may lead to increased challenges for low-income renters who often struggle to gather upfront costs associated with securing a rental property, exacerbating housing affordability issues.

Summary

SB00278, introduced by Senator Sampson, aims to amend existing housing laws to allow landlords to require a security deposit that exceeds the current cap of two months' rent. This legislative change is designed to provide landlords with greater flexibility in securing financial assurances from tenants before leasing a property. Supporters of the bill argue that it would enable landlords to better cover potential damages or unpaid rent, thus protecting their investments and encouraging property maintenance.

Contention

Critics of SB00278 are concerned that raising the allowable security deposit could disproportionately impact vulnerable renters, particularly those from low-income backgrounds. There are fears that this change may not only restrict access to housing for those unable to provide larger upfront payments but could also encourage unfair practices by landlords, leading to a market where financially weaker tenants are at a greater disadvantage. Advocates for tenant rights argue that such provisions could lead to increased homelessness if individuals cannot afford the higher deposits required to lease housing.

Notable_points

Noteworthy discussions around SB00278 highlight the tension between landlord protections and tenant rights. There exists a debate on how much flexibility should be afforded to landlords without infringing on the capacity of tenants to secure stable housing. The bill is anticipated to undergo scrutiny as stakeholders evaluate its potential implications on housing stability and economic equity within the rental market.