Extends grace periods for rental late charges for tenants receiving public assistance payments.
This bill extends the grace period for rental late charges for tenants who receive public assistance payments. The grace period now begins on the day the tenant receives their public assistance payment, rather than a fixed date. This means that if a tenant receives their payment on the 10th of the month, the grace period starts on the 10th, and late charges can only be imposed five business days after that.
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