SECURITY DEPOSIT INTEREST: <$5 House SponsorsRep. Lou Lang Senate Sponsors(Sen. Ira I. Silverstein-Heather A. Steans) 8/4/2015HousePublic Act . . . . . . . . . 99-0253 765 ILCS 715/2from Ch. 80, par. 122 Amends the Security Deposit Interest Act. Provides that the requirement that a lessor pay accumulated interest within 30 days after the end of each 12 month rental period applies to interest that has accumulated to an amount of $5 or more. Provides that the lessor shall pay all interest that has accumulated and remains unpaid, regardless of the amount, upon termination of the tenancy. 2/3/2015HouseFiled with the Clerk by Rep. Lou Lang 2/4/2015HouseFirst Reading 2/4/2015HouseReferred to Rules Committee 2/17/2015HouseAssigned to Judiciary - Civil Committee 2/26/2015HouseDo Pass / Short Debate Judiciary - Civil Committee; 011-000-000 2/26/2015HousePlaced on Calendar 2nd Reading - Short Debate 3/3/2015HouseSecond Reading - Short Debate 3/3/2015HousePlaced on Calendar Order of 3rd Reading - Short Debate 3/4/2015HouseThird Reading - Short Debate - Passed 106-007-000 3/5/2015SenateArrive in Senate 3/5/2015SenatePlaced on Calendar Order of First Reading 3/5/2015SenateChief Senate Sponsor Sen. Ira I. Silverstein 3/5/2015SenateAdded as Alternate Chief Co-Sponsor Sen. Heather A. Steans 3/5/2015SenateFirst Reading 3/5/2015SenateReferred to Assignments 4/8/2015SenateAssigned to Judiciary 4/29/2015SenateDo Pass Judiciary; 010-000-000 4/29/2015SenatePlaced on Calendar Order of 2nd Reading April 30, 2015 5/12/2015SenateSecond Reading 5/12/2015SenatePlaced on Calendar Order of 3rd Reading May 13, 2015 5/19/2015SenateThird Reading - Passed; 054-000-000 5/19/2015HousePassed Both Houses 6/17/2015HouseSent to the Governor 8/4/2015HouseGovernor Approved 8/4/2015HouseEffective Date January 1, 2016 8/4/2015HousePublic Act . . . . . . . . . 99-0253