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Bill

Bill

A 6696

Relates to tenant security deposit accounts and administrative expenses to which a person may be entitled

2025 Regular Session Introduced by Harvey Epstein and 2 co-sponsors

Bill A 6696 clarifies tenant rights on security deposits, ensuring fair management, transparent deductions, and a process for disputing issues, benefiting tenants and landlords alike.

REFERRED TO JUDICIARY
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Bill Summary · A 6696

Summary of Bill A 6696

Bill Number: A 6696
Title: Relates to tenant security deposit accounts and administrative expenses to which a person may be entitled
Status: Referred to Judiciary
Introduced: March 06, 2025
Classification: Bill

Purpose and Intent

Bill A 6696 aims to address the management and administration of tenant security deposit accounts. The primary intent of the bill is to clarify the rights and entitlements of tenants regarding their security deposits, particularly focusing on the administrative expenses that may be incurred in relation to these accounts. This legislation seeks to enhance transparency and fairness in the handling of security deposits by landlords and property managers.

Key Provisions

While the specific text of the bill is not provided, the following key provisions can be anticipated based on the title and legislative context:

  • Security Deposit Management: The bill may outline the requirements for how security deposits should be held, managed, and returned to tenants at the end of a lease.

  • Administrative Expenses: It is likely that the bill will define what constitutes reasonable administrative expenses that landlords can deduct from security deposits, ensuring that these deductions are fair and transparent.

  • Tenant Rights: The bill may reinforce tenants' rights to receive detailed accounting of any deductions made from their security deposits, including the basis for such deductions.

  • Dispute Resolution: Provisions may also be included to establish a process for tenants to dispute any deductions or issues related to their security deposits.

Who Would Be Affected

  • Tenants: The primary beneficiaries of this bill would be tenants, who would gain clearer rights and protections regarding their security deposits.

  • Landlords and Property Managers: This bill would also impact landlords and property managers, as they would need to comply with the new regulations regarding the handling of security deposits and any associated administrative costs.

Procedural Aspects

  • Current Status: As of March 06, 2025, the bill has been referred to the Judiciary Committee for further consideration. This is a standard legislative procedure that allows for detailed examination and discussion of the bill's provisions.

  • Related Bills: A 6696 is part of a broader legislative context, with several related bills from prior sessions (e.g., A 10359, A 858, A 635) that may address similar issues regarding tenant rights and security deposits. This suggests ongoing legislative interest in improving tenant protections.

Conclusion

Bill A 6696 represents an important step towards enhancing tenant protections regarding security deposits. By clarifying the rights of tenants and the responsibilities of landlords, the bill aims to foster a more equitable rental market. Stakeholders, including tenants and landlords, should monitor the progress of this bill as it moves through the legislative process.

Compiled from official sources — confirm details with the bill’s official record.

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