MO HB35

Changes the maximum security deposit a landlord may demand from two months' rent to three months' rent under Section 535.300.

Requires landlords to return security deposits or provide an itemized list of damages within 30 days of tenancy termination.

Allows landlords to withhold security deposits only for unpaid rent, restoration of the unit to its original condition (normal wear and tear excepted), or damages from inadequate notice of termination.

Grants tenants the right to be present during post-tenancy inspections of the dwelling unit and requires landlords to provide reasonable written notice of inspection dates and times.

Authorizes tax credits up to 55% of the value of homeless assistance projects located in cities with 400,000+ inhabitants that serve low-income persons experiencing economic hardship, with up to $1 million in credits available for fiscal years 1991-1992.