Bill
Bill > H0152
ID H0152
ID H0152Amends existing law to provide that a tenant's security deposit shall be held in a separate account.
summary
Introduced
02/12/2021
02/12/2021
In Committee
03/15/2021
03/15/2021
Crossed Over
03/03/2021
03/03/2021
Passed
04/14/2021
04/14/2021
Dead
Signed/Enacted/Adopted
04/15/2021
04/15/2021
Introduced Session
2021 Regular Session
Bill Summary
SECURITY DEPOSITS -- Amends existing law to provide that a tenant's security deposit shall be held in a separate account.
AI Summary
This bill amends existing law to require that a tenant's security deposit be held in a separate account, rather than commingled with the landlord's funds. It specifies that this requirement applies to residential rental properties managed by a third-party agent, but not to the property owner, managers with common ownership, real estate licensees, or certain non-profit organizations. The bill maintains the existing requirements that the security deposit be refunded to the tenant within 21-30 days of the lease termination, unless funds are needed to cover damages beyond normal wear and tear.
Committee Categories
Justice
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Judiciary, Rules and Administration Committee (House)
Last Action
Reported Signed by Governor on April 13, 2021 Session Law Chapter 197 Effective: 07/01/2021 (on 04/15/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://legislature.idaho.gov/sessioninfo/2021/legislation/H0152/ |
| BillText | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2021/legislation/H0152.pdf |
| Fiscal Note/Analysis - Statement of Purpose / Fiscal Note | https://legislature.idaho.gov/wp-content/uploads/sessioninfo/2021/legislation/H0152SOP.pdf |
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