A 1255

  • New York Assembly Bill
  • 2023 Regular Session
  • Introduced in Assembly
  • Assembly
  • Senate
  • Governor

Relates to tenant security deposit accounts and administrative expenses to which a person may be entitled

Abstract

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.

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Jan 03, 2024

Assembly

REFERRED TO JUDICIARY

Jan 13, 2023

Assembly

REFERRED TO JUDICIARY

Bill Text

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