City and County of San Francisco - File #: 040101

• File #: 040101
• Version: 1
• Name: Interest on Residential Rental Security Deposits: interest calculated according to 6-Month Certificate of Deposit rate published on Federal Reserve Statistical Release internet site
• Type: Ordinance
• Status: Passed
• Introduced: 1/27/2004
• In control: Board of Supervisors
• Final action: 5/20/2004
• Enactment #: 82-04
• Title: Ordinance amending Administrative Code Chapter 49 “Security Deposits for Residential Rental Property,” at Section 49.2 “Payment of Interest on Security Deposits,” to provide that the required interest on security deposits be calculated according to the 6-Month Certificate of Deposit rate as posted by the Federal Reserve on the Federal Reserve Statistical Release internet site (instead of on the basis of the Federal Reserve’s singular Federal Discount Rate, which has been discontinued).
• Sponsors: Aaron Peskin

Date	Ver.	Action By	Action	Result
5/20/2004	1	Mayor	APPROVED
5/11/2004	1	Board of Supervisors	FINALLY PASSED	Pass
4/27/2004	1	Board of Supervisors	PASSED ON FIRST READING	Pass
4/19/2004	1	Land Use Committee	RECOMMENDED	Pass
1/27/2004	1	President	RECEIVED AND ASSIGNED