Berkeley Tenants Union Spring Campaign: Security Deposits
Senator Mark Leno (D – San Francisco) has announced the introduction of SB 603, a bill to promote fair treatment of tenant security deposits. SB 603 would require deposit funds to be held in separate accounts — and it will require interest payments to tenants on any funds held — another rule tenants in Berkeley are lucky to have already.
But many tenants know that having a law and getting access to interest or even return of a security deposit are two different things. So Leno’s bill calls for penalties if deposit funds are improperly withheld. SB 603 is co-sponsored by Tenants Together — the statewide organization of which BTU is a proud member — as well as the Western Center on Law and Poverty and California Rural Legal Assistance Foundation.
Watch this space for more on what you can do to help make this bill into law! Right now, you can show your support here: