SB581 - Repeals provisions requiring a landlord to keep security deposits in a trust and authorizes the right to a trial de novo in rent and possession actions

SB 581

Repeals provisions requiring a landlord to keep security deposits in a trust and authorizes the right to a trial de novo in rent and possession actions

Sponsor:

Libla

LR Number:

4585H.03T

Committee:

Small Business and Industry

Last Action:

7/13/2018 - Signed by Governor

Journal Page:

S2500

Title:

HCS SB 581

Calendar Position:

Effective Date:

August 28, 2018

House Handler:

Cross

Current Bill Summary

HCS/SB 581 - This act provides that in civil actions seeking rent and possession of a property brought by a landlord against a tenant, the aggrieved party has a right to a trial de novo.

The act also repeals provisions of law which require a landlord to keep all security deposits in a trust account and prohibits commingling of the security deposit with other funds of the landlord.

This provision is similar to HB 1901 (2018) and SCS/SB 234 (2017).

JESSI JAMES

Amendments