The DEPOSIT Act, which stands for Delivering Essential Protection, Opportunity, and Security for Tenants Act, aims to provide important protections and opportunities for tenants. The bill includes provisions such as establishing a national database of security deposit amounts and creating guidelines for the return of security deposits to tenants. It also proposes measures to address issues related to discrimination based on source of income in housing rental decisions. Overall, the bill seeks to enhance tenant rights and ensure fair treatment in the rental housing market.
2023-02-17: Introduced in House
2023-02-17: Referred to the House Committee on Financial Services.
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