1694.E AMS MULL S7429.1
EHB 1694 - S AMD TO FIET COMM AMD (S-7042.2/20) 1224
By Senator Mullet
ADOPTED 03/03/2020
On page 2, line 1, after "excess of" strike "one-third" and insert "twenty-five percent"
On page 2, beginning on line 1, after "rent." strike all material through "begins." on line 3
On page 8, line 28, after "excess of" strike "one-third" and insert "twenty-five percent"
EFFECT: Changes the cap for a fee or deposit to hold a dwelling unit to twenty-five percent of the first month's rent. Removes the requirement that the fee or deposit to hold a dwelling unit can only be applied to the first month's rent.
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