SB 943, An Act Concerning the Return of Security Deposits Upon the Termination of Tenancy

All people in Connecticut have a right to safe, stable, and affordable housing. Under current law, landlords are required to return a security deposit within 30 days of vacating a property. A delay in returning these funds can have disastrous effects on the state’s most financially vulnerable.

All people in Connecticut have a right to safe, stable, and affordable housing. Under current law, landlords are required to return a security deposit within thirty days of vacating a property. But a month long delay in returning a substantial sum of money can have disastrous effects on the state’s most financially vulnerable. A delay this long guarantees that most tenants would not be able to put that returned security deposit towards their next rental. In a time when housing is increasingly competitive and scarce, this could mean the difference between securing housing and experiencing homelessness.