Amendment JR2 AA26-ASA1-AB1

LRBb2546/1

PJK:jld:kjf

January 2002 Special Session

2001 - 2002 LEGISLATURE

ASSEMBLY AMENDMENT 26, TO ASSEMBLY SUBSTITUTE AMENDMENT 1, TO ASSEMBLY BILL 1

March 14, 2002 - Offered by Representative Schneider.

AB1-ASA1-AA26,1,1 At the locations indicated, amend the substitute amendment as follows:

AB1-ASA1-AA26,1,2 1. Page 222, line 15: after that line insert:

AB1-ASA1-AA26,1,3 " Section 511m. 704.28 of the statutes is created to read:

AB1-ASA1-AA26,1,8 704.28 Return of security deposit. (1) A landlord shall deliver or mail to a tenant, within 45 days after the tenant surrenders the premises, the full amount of any security deposit paid by the tenant and held by the landlord, less any amounts properly withheld by the landlord, along with a written statement itemizing the withheld amounts.

AB1-ASA1-AA26,1,12 (2) For purposes of sub. (1), the department of agriculture, trade and consumer protection shall by rule define "security deposit" and specify when surrender of the premises occurs and what amounts a landlord may properly withhold from a tenant's security deposit.".

AB1-ASA1-AA26,2,1 2. Page 434, line 17: after that line insert:

AB1-ASA1-AA26,2,4 "(1ce) Return of security deposit. The treatment of section 704.28 of the statutes first applies to tenancies entered into on the effective date of this subsection.".

AB1-ASA1-AA26,2,5 (End)