South St. Louis County News

St. Louis Call Newspapers

South St. Louis County News

St. Louis Call Newspapers

South St. Louis County News

St. Louis Call Newspapers

Cost of security deposits on the rise for renters

JEFFERSON CITY – Missouri renters could be charged higher security deposit fees under a bill approved by the House Judiciary Committee Wednesday.

The bill, proposed by Rep. David Sater, R-Cassville, would increase the amount a landlord can demand at the outset of a leasing agreement.

It would replace the previous statute, which limits the amount a landlord can ask for to no more than two months’ rent, increasing the amount to three months’ rent.

Rep. Jason Kander, D-Kansas City, accused the bill sponsor of a “conflict of interest,” pointing out that Sater and a number of other committee members are rental property owners.

Kander, noting his own status as a landlord, said to avoid such a conflict, should he have supported the bill, his vote would have been “present,” or a non-vote. He asked the committee to follow suit; instead of voting for their own financial concerns, to consider their tenants’.

“In a time when it’s not great economic times, it doesn’t really make a lot of sense to me that we would take steps to make it more difficult for folks to be able to afford a place to live, Kander said.

Rep. Chris Kelly, D-Columbia, voted yes on the bill. He called the piece of legislation “evolving” and said he believes future versions of the bill will include more of a compromise. Kelly said he is currently working with the chairman of the judiciary committee, Rep. Stanley Cox, R-Sedalia, to “come to a better resolution.”

Kander, however, said he doesn’t think the bill requires a better resolution.

“I don’t see a problem there that requires a solution, I see it more as a solution in search of a problem,” said Kander.

The bill passed 7-5.