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1998 SESSION

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HB 1355 Residential Landlord and Tenant Act; interest on security deposits.

Introduced by: James F. Almand | all patrons    ...    notes | add to my profiles

SUMMARY:

Virginia Residential Landlord and Tenant Act; interest on security deposits. Clarifies that a landlord shall pay interest on security deposits at an annual rate equal to the Federal Reserve Discount Rate as of January 1 of each year beginning January 1, 1995. The bill removes the requirement that interest be accrued in six-month increments.

FULL TEXT

• 01/26/98  House: Presented & ordered printed 981459112  pdf
• 02/14/98  House: Printed as engrossed 981459112-E  pdf
• 03/19/98  House: Bill text as passed House and Senate (HB1355ER)  pdf
• 04/21/98  Governor: Acts of Assembly Chapter text (CHAP0462)  pdf

AMENDMENTS

• House amendments

HISTORY

• 01/26/98  House: Presented & ordered printed 981459112
• 01/26/98  House: Referred to Committee on General Laws
• 01/28/98  House: Assigned to General Laws sub-committee: 1
• 02/12/98  House: Reported from General Laws with amd. (26-Y 0-N)
• 02/12/98  House: Read first time
• 02/13/98  House: Passed by for the day
• 02/14/98  House: Read second time
• 02/14/98  House: Committee amendment agreed to
• 02/14/98  House: Engrossed by House as amended
• 02/14/98  House: Printed as engrossed 981459112-E
• 02/15/98  House: Read third time and passed House (99-Y 0-N)
• 02/15/98  House: VOTE: PASSAGE (99-Y 0-N)
• 02/15/98  House: Communicated to Senate
• 02/16/98  Senate: Constitutional reading dispensed
• 02/16/98  Senate: Referred to Committee on General Laws
• 03/04/98  Senate: Reported from General Laws (15-Y 0-N)
• 03/05/98  Senate: Const. reading disp., passed by for the day (40-Y 0-N)
• 03/05/98  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
• 03/06/98  Senate: Read third time
• 03/06/98  Senate: Passed Senate (40-Y 0-N)
• 03/06/98  Senate: VOTE: PASSAGE R (40-Y 0-N)
• 03/19/98  House: Bill text as passed House and Senate (HB1355ER)
• 03/25/98  House: Enrolled
• 03/25/98  House: Signed by Speaker
• 03/26/98  Senate: Signed by President
• 04/14/98  Governor: Approved by Governor-Chapter 462 (effective 7/1/98)
• 04/21/98  Governor: Acts of Assembly Chapter text (CHAP0462)