Researcher: SM Page 1 3/29/22
OLR Bill Analysis
HB 5344
AN ACT CONCERNING ADVANCE RENTAL PAYMENTS.
SUMMARY
This bill eliminates the caps on the amount landlords can demand as
a security deposit from tenants. Current law prohibits landlords from
demanding a security deposit more than (1) two months’ rent for
tenants who are under age 62 or (2) one month’s rent for tenants who
are at least age 62. The bill eliminates these caps, allowing landlords to
demand security deposits in higher amounts, and makes conforming
changes.
EFFECTIVE DATE: October 1, 2022
COMMITTEE ACTION
Housing Committee
Joint Favorable
Yea 14 Nay 1 (03/15/2022)