Politics & Government
California Bill That Would Lower Renters' Security Deposits Gaining Steam
"If I can keep some of my expenses low, I can pass some along to my customers and not jack up the prices so much," said Hernandez.
August 15, 2023
A California bill that would lower the amount a landlord can collect for security deposits is gaining steam as rising rents and deposits push tenants into tight financial situations.
Find out what's happening in Elk Grovefor free with the latest updates from Patch.
Assembly Bill 12 would cap the security deposit for renters to one month's rent, instead of the two-to-three, currently allowed under state law.
"I think it will make it easier for someone who's struggling to find a place to rent and a way for them to get in," said Aldo Hernandez, whose family has been running a business for almost 30 years in San Rafael.
Find out what's happening in Elk Grovefor free with the latest updates from Patch.
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