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A06696 Summary:
| BILL NO | A06696 |
| SAME AS | No Same As |
| SPONSOR | Walker |
| COSPNSR | Epstein, Mamdani |
| MLTSPNSR | |
| Amd ยง7-103, Gen Ob L | |
| Provides that a landlord depositing security deposits in an interest bearing account shall be entitled to receive as administration expenses a sum equivalent to 20 percent of the interest earned by such security money per annum, but not to exceed one percent per annum of the money so deposited. | |