2023 Senate Bill 539

Housing: landlord and tenants; return of security deposit by electronic transfer; allow.

A bill to amend 1972 PA 348, entitled “An act to regulate relationships between landlords and tenants relative to rental agreements for rental units; to regulate the payment, repayment, use and investment of security deposits; to provide for commencement and termination inventories of rental units; to provide for termination arrangements relative to rental units; to provide for legal remedies; and to provide penalties,” by amending section 9 (MCL 554.609).

Senate Fiscal Agency Analysis

The bill would amend the landlord-tenant Act to specify that a landlord would not have to send a check to a tenant with the difference between a tenant's security deposit and the damages claimed against the security deposit as currently required by the Act if the landlord instead sent the difference to the tenant's bank account through direct deposit or electronic transfer or to the tenant through an internet or mobile payment application. The landlord would have to send the amount within 10 days of mailing the required notice of damages claimed against a tenant's security deposit.

Introduced in the Senate

Oct. 3, 2023

Introduced by Sen. Sarah Anthony (D-21) and six co-sponsors

Co-sponsored by Sens. Veronica Klinefelt (D-11), Mallory McMorrow (D-8), Ruth Johnson (R-24), Erika Geiss (D-1), Mary Cavanagh (D-6) and Rosemary Bayer (D-13)

Referred to the Committee on Housing and Human Services

May 22, 2024

Reported with substitute S-1

May 23, 2024

Referred to the Committee of the Whole

June 11, 2024

Reported with substitute S-1

Substitute S-1 concurred in by voice vote

June 12, 2024

Passed in the Senate 38 to 0 (details)

Received in the House

June 12, 2024

Referred to the Committee on Economic Development and Small Business