House Bill No. 292 amends R.S. 9:3251(A) to modify the regulations surrounding the return of security deposits by landlords or lessors to tenants or lessees of residential or dwelling premises. The bill maintains the requirement that any advance or deposit must be returned within one month after the lease terminates. However, it allows landlords to send an itemized statement accounting for any retained portion of the deposit within an additional 15 days after the initial one-month period, thereby extending the timeline for landlords to provide this information.

The bill also removes a provision that would have allowed landlords and tenants to mutually agree on a different return date for the security deposit. Overall, the changes aim to clarify the responsibilities of landlords regarding the return of security deposits while providing a slight extension for the delivery of itemized statements when deposits are retained.

Statutes affected:
HB292 Original: 9:3251(A)
HB292 Engrossed: 9:3251(A)