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MO HB571

Bill

Official Source

Status

Engrossed

4/27/2015

Primary Sponsor

Eric Burlison

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Removes the existing cap that prohibited landlords from demanding security deposits exceeding two months' rent
  • Retains the requirement that landlords must return the security deposit or provide an itemized list of damages within 30 days of tenancy termination
  • Landlords may still only withhold amounts reasonably necessary for unpaid rent, restoring the dwelling unit (excluding normal wear and tear), or damages from inadequate notice to terminate
  • Tenants retain the right to be present at the move-out inspection and to recover up to twice the amount wrongfully withheld
  • Pet deposits remain excluded from the definition of "security deposit" under this law

Legislative Description

Removes the limitation that landlords must only demand a security deposit in an amount less than two months' rent

Last Action

Second read and referred: Senate Judiciary and Civil and Criminal Jurisprudence(S)

4/28/2015

Committee Referrals

Select Committee on Judiciary2/25/2015
Consumer Affairs2/4/2015

Full Bill Text

No bill text available