SACRAMENTO, Calif. — A California state bill is proposing to cap security deposits in an effort to get more people into housing. The cap would vary depending on what is being rented. 

The bill’s author Assemblymember Matt Haney says Assembly Bill 12 will bring relief to over 17 million renters in California.

“Yes, we need to build more housing. Yes, we need to address mental health issues and drug issues on the street. But for somebody who just wants to get an apartment, for their family just wants to get out of their car, if they’re living on the street, we shouldn’t see these huge burdens,” said Haney.  

The bill, if passed in its current state, would limit a deposit to one month’s rent for an unfurnished apartment or three months’ rent for a furnished apartment.  An exemption will be made for smaller landlords.

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