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CT SB00114

Bill

Official Source

Status

Passed

5/20/2013

Primary Sponsor

Housing Committee

Click for details

Origin

Senate

2013 General Assembly

AI Summary

  • Prohibits landlords of residential real property from requiring electronic funds transfer as the exclusive payment method for rent or security deposits on leases executed on or after October 1, 2013
  • Defines "electronic funds transfer" as any transfer of funds initiated through electronic terminal, telephone, computer, or magnetic tape that orders a financial institution to debit or credit an account
  • Excludes check, draft, and similar paper instrument payments from the electronic funds transfer definition
  • Becomes effective October 1, 2013

Legislative Description

An Act Prohibiting Residential Landlords From Requiring Tenants To Pay Rent By Electronic Funds Transfer.

Last Action

Signed by the Governor

5/28/2013

Committee Referrals

Housing1/11/2013

Full Bill Text

No bill text available