Text: SF02395 Text: SF02397 Text: SF02300 - SF02399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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PAG LIN
1 1 Section 1. Section 627.6, Code 1995, is amended by adding
1 2 the following new subsection:
1 3 NEW SUBSECTION. 14. The debtor's interest, not to exceed
1 4 five hundred dollars in the aggregate, in any combination of
1 5 the following property:
1 6 a. Any residential rental deposit held by a landlord as a
1 7 security deposit, as well as any interest earned on such
1 8 deposit as a result of any statute or rule requiring that such
1 9 deposit be placed in an interest-bearing account.
1 10 b. Any residential utility deposit held by any electric,
1 11 gas, telephone, or water company as a condition for initiation
1 12 or reinstatement of such utility service, as well as any
1 13 interest earned on such deposit as a result of any statute or
1 14 rule requiring that such deposit be placed in an interest-
1 15 bearing account.
1 16 c. Any rent paid to the landlord in advance of the date
1 17 due under any unexpired residential lease.
1 18 Notwithstanding the provisions of this subsection, a debtor
1 19 shall not be permitted to claim these exemptions against a
1 20 landlord or utility company, with regard to sums held under
1 21 the terms of a rental agreement, or for utility services
1 22 furnished to the debtor.
1 23 SF 2396
1 24 jls/cc/26
Text: SF02395 Text: SF02397 Text: SF02300 - SF02399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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