Florida Senate - 2022 COMMITTEE AMENDMENT Bill No. CS for SB 884 Ì455136)Î455136 LEGISLATIVE ACTION Senate . House . . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Community Affairs (Farmer) recommended the following: 1 Senate Amendment (with title amendment) 2 3 Delete everything after the enacting clause 4 and insert: 5 Section 1. Subsection (12) of section 83.43, Florida 6 Statutes, is amended to read: 7 83.43 Definitions.—As used in this part, the following 8 words and terms shall have the following meanings unless some 9 other meaning is plainly indicated: 10 (12) “Security deposits” means any moneys equal to or less 11 than the value of 1 month’s rent if provided at the time of 12 execution of the rental agreement or equal to or less than 8.75 13 percent of the value of 1 month’s rent if deposited on a monthly 14 basis for a period not exceeding 12 months and which are held by 15 the landlord as security for the performance of the rental 16 agreement, including, but not limited to, monetary damage to the 17 landlord caused by the tenant’s breach of lease prior to the 18 expiration thereof. 19 Section 2. This act shall take effect July 1, 2022. 20 21 ================= T I T L E A M E N D M E N T ================ 22 And the title is amended as follows: 23 Delete everything before the enacting clause 24 and insert: 25 A bill to be entitled 26 An act relating to security deposits for residential 27 tenancies; amending s. 83.43, F.S.; revising the 28 definition of the term “security deposits”; providing 29 an effective date.