View Amendment Current Amendment: 1 to Bill 1041

Senator SCOTT proposed the following amendment (SA\1041C001.RT.SA20):

Amend the bill, as and if amended, by striking SECTION 2 and inserting:

/ SECTION 2. Section 39-20-30 of the 1976 Code is amended by adding appropriately lettered subsections at the end to read:

"( )An owner may impose a reasonable late fee if an occupant does not pay all rent, charges, fees, or expenses when due.

( )An owner may not impose a late fee unless the amount of that fee and the conditions for imposing that fee are stated in the rental agreement.

( )A late fee of twenty dollars or ten percent of the amount of each rental payment, whichever is greater, after the rent is past due for ten days, is considered reasonable and does not constitute a penalty. Any late fee imposed by an owner pursuant to this section must be in addition to any other remedy provided by law or contract." /