Illinois General Assembly - Bill Status for HB4086

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Bill Status of HB4086 96th General Assembly

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Short Description: SEC DEPOSIT INTEREST-ACCRUE

House Sponsors
Rep. Dan Brady

Last Action

Date	Chamber	Action
1/11/2011	House	Session Sine Die

Statutes Amended In Order of Appearance

765 ILCS 715/2

from Ch. 80, par. 122

Synopsis As Introduced
Amends the Security Deposit Interest Act. Provides that the lessor shall, within 30 days after the end of each 12 month rental period, pay to the lessee any interest, by cash or credit to be applied to rent due, except when: (1) the lessee has signed an agreement with the lessor that the interest may be held in an account with the original security deposit, provided that interest shall accrue on the entire balance held for the lessee, including the original deposit and any interest previously accrued; or (2) the lessee is in default under the terms of the lease (instead of only when the lessee is in default under the terms of the lease).

Actions

Date	Chamber	Action
2/27/2009	House	Filed with the Clerk by Rep. Dan Brady
2/27/2009	House	First Reading
2/27/2009	House	Referred to Rules Committee
3/4/2009	House	Assigned to Judiciary I - Civil Law Committee
3/13/2009	House	Rule 19(a) / Re-referred to Rules Committee
1/11/2011	House	Session Sine Die

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