Source: TENANTS TOGETHER
"Responding to complaints of unfair security deposit withholding across the state, Senator Mark Leno (D - San Francisco) introduced Senate Bill 603 earlier this year. This statewide bill would make the changes recommended in the new report (requiring separate accounts for deposits and mandatory penalties for improper withholding), and also address a longstanding inequity regarding security deposit interest. SB 603 is co-sponsored by Tenants Together, Western Center on Law and Poverty and California Rural Legal Assistance Foundation. SB 603 will be heard in the Senate Judiciary Committee on May 7, 2013."
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