Security Deposits & Post-Closing Occupancy Agreements
| Type | Bill |
|---|---|
| Session | 2026 Regular Session |
| Subjects |
Concerning an exception to the statutory limit on the amount that a landlord may require a tenant to provide as a security deposit in cases where the landlord and tenant have executed a post-closing occupancy agreement.
Bill Summary:
Current law prohibits a landlord from requiring a tenant to submit a security deposit in an amount that exceeds 2 monthly rent payments. The bill creates an exception to this prohibition for cases in which a buyer and a seller of residential real property have executed a post-closing occupancy agreement in connection with the sale. The exception takes effect November 1, 2026.
(Note: This summary applies to this bill as introduced.)
Prime Sponsors
Senator
Marc Catlin
Senator
Marc Snyder
Representative
Naquetta Ricks
Representative
Chris Richardson
Committees
Senate
Local Government & Housing
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Upcoming Schedule
1 meeting
Related Documents & Information
| Date | Version | Documents |
|---|---|---|
| 02/13/2026 | PA1 |
| Date | Version | Documents |
|---|---|---|
| 02/04/2026 | FN1 |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.001 | The motion passed without objection. | Vote summary |
| Refer Senate Bill 26-054, as amended, to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 7-0. | Vote summary |
| Date | Amendment Number | Committee/ Floor Hearing | Status | Documents |
|---|---|---|---|---|
| 02/12/2026 | L.001 | SEN Local Government & Housing | Passed [*] |
| Date | Location | Action |
|---|---|---|
| 02/18/2026 | Senate | Senate Second Reading Passed with Amendments - Committee |
| 02/12/2026 | Senate | Senate Committee on Local Government & Housing Refer Amended - Consent Calendar to Senate Committee of the Whole |
| 01/27/2026 | Senate | Introduced In Senate - Assigned to Local Government & Housing |
Prime Sponsor
Sponsor
Co-Sponsor