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Glossary of Legislative Terms

SB 1562: Security Deposits

GENERAL BILL by Smith

Security Deposits; Prohibiting a security deposit paid in connection with a residential tenancy which is collected before occupancy from exceeding the equivalent of 1 month’s rent; prohibiting such security deposit that is paid during the term of the lease from exceeding a specified percentage of the equivalent of 1 month’s rent, etc.

Effective Date: 7/1/2025
 Last Action: 5/3/2025 Senate - Indefinitely postponed and withdrawn from consideration
Bill Text: Web Page | PDF
Senate Committee References:
  1. Judiciary (JU)
  2. Community Affairs (CA)
  3. Rules (RC)

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  • Bill History

    Date Chamber Action
    2/27/2025 Senate • Filed
    3/6/2025 Senate • Referred to Judiciary; Community Affairs; Rules
    3/10/2025 Senate • Introduced
    5/3/2025 Senate • Indefinitely postponed and withdrawn from consideration

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  • SB 1562, Original Filed Version (Current Bill Version) Posted 2/27/2025 at 1:47 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1471 Housing Harris Compare Last Action: 5/3/2025 H Indefinitely postponed and withdrawn from consideration Track This Bill
    S 1592 Housing Davis Compare Last Action: 5/3/2025 S Indefinitely postponed and withdrawn from consideration Track This Bill

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    83.49 Deposit money or advance rent; duty of landlord and tenant. Page 1 (pdf)

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