HI SB328

Adds a fourth permitted use for security deposits to compensate landlords for damages caused by animals allowed in rental premises pursuant to the rental agreement.

Allows landlords to require an additional security deposit amount agreed upon by both landlord and tenant to cover animal-related damages, in addition to the standard one month's rent limit.

Exempts service animals that are reasonable accommodations for tenants with disabilities from requiring any additional security deposit under section 515-3.

Clarifies that security deposits cannot be construed as last month's rent payment unless mutually agreed upon in writing and the tenant provides 45 days' notice of vacating.

Takes effect on July 1, 2112.