Sec. 4. Study on alternatives to security deposits
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The Secretary of Housing and Urban Development shall conduct a study to identify and analyze— alternatives to rental housing security deposits, including products that require a tenant of a dwelling unit to pay a monthly insurance premium to cover costs of repairing damage to the dwelling unit; and the impact that such alternatives have on the rental housing market and tenants, including how such alternatives affect tenants based on tenant race, income, age, sex, disability, and other demographic characteristics.
Not later than the expiration of the 180-day period beginning on the date of the enactment of this Act, the Secretary shall submit to Congress a report setting forth the findings and conclusions of the study.