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CS/CS/HB 1523 - Homeowner Relief

General Bill   by Insurance, Business & Financial Affairs Policy Committee and Civil Justice & Courts Policy Committee and Grady (CO-SPONSORS) Domino; Eisnaugle; O'Toole
Homeowner Relief: Creates "Homeowner Relief & Housing Recovery Act"; provides general provisions for nonjudicial foreclosures; provides criteria for notice & knowledge; provides for transactions creating security interest; provides for time of foreclosure; provides procedures, requirements, & limitations before foreclosure; specifies right to foreclose; requires notice of default; provides right to cure; provides requirements for notice of foreclosure; provides for meeting & meeting requirements to object to foreclosure; provides period of limitation for foreclosure; provides for judicial supervision of foreclosure; provides for right to redeem collateral; provides authority, requirements, procedures, & limitations on foreclosures by auction, negotiated sale, & appraisal; provides for rights after foreclosure; provides for application of proceeds, transfer of title, actions for damages or to set aside foreclosure, possession after foreclosure, judgments for deficiencies, & determinations of amounts of deficiency; provides for effect of good faith by debtor; provides authority, requirements, procedures, & limitations on discontinuation of foreclosure; provides for uniformity of application & construction; specifies relation to Electronic Signatures in Global & National Commerce Act.
Effective Date: July 1, 2010
Last Event: Died in Criminal & Civil Justice Policy Council on Friday, April 30, 2010 6:59 PM

Referred Committees and Committee Actions

House Referrals

    -  Civil Justice & Courts Policy Committee
           On agenda for: 03/16/10 8:00 AM              Notice
        Temporarily Deferred (final action)  
 
           On agenda for: 03/22/10 3:15 PM              Notice
        Favorable With Committee Substitute (final action)              See Votes
 
    -  Insurance, Business & Financial Affairs Policy Committee
           On agenda for: 03/25/10 2:45 PM              Notice
        Favorable With Committee Substitute (final action)              See Votes
 
    -  Criminal & Civil Justice Policy Council
           On agenda for: 04/12/10 1:00 PM              Notice
        Not Considered (final action)  
 

Related Bills
Bill # Subject Relationship
SB 2270 Foreclosure Proceedings for Nonhomestead Property [CPSC] Similar

Bill Text

Staff Analysis

Vote History
(no votes recorded)

Bill History
Event Time Member Committee
Died in Criminal & Civil Justice Policy Council Friday, April 30, 2010 6:59 PM Criminal & Civil Justice Policy Council
Added to Criminal & Civil Justice Policy Council agenda Thursday, April 08, 2010 4:25 PM Criminal & Civil Justice Policy Council
Now in Criminal & Civil Justice Policy Council Thursday, April 01, 2010 3:48 PM Criminal & Civil Justice Policy Council
Referred to Criminal & Civil Justice Policy Council Thursday, April 01, 2010 3:48 PM Criminal & Civil Justice Policy Council
1st Reading Tuesday, March 30, 2010 5:03 PM
CS Filed Tuesday, March 30, 2010 2:23 PM
Laid on Table under Rule 7.20 Tuesday, March 30, 2010 2:23 PM
Reported out of Insurance, Business & Financial Affairs Policy Committee Tuesday, March 30, 2010 1:41 PM Insurance, Business & Financial Affairs Policy Committee
Favorable with CS by Insurance, Business & Financial Affairs Policy Committee Thursday, March 25, 2010 6:00 PM Insurance, Business & Financial Affairs Policy Committee
1st Reading Tuesday, March 23, 2010 11:59 PM
Added to Insurance, Business & Financial Affairs Policy Committee agenda Tuesday, March 23, 2010 4:20 PM Insurance, Business & Financial Affairs Policy Committee
Now in Insurance, Business & Financial Affairs Policy Committee Tuesday, March 23, 2010 1:34 PM Insurance, Business & Financial Affairs Policy Committee
Referred to Criminal & Civil Justice Policy Council Tuesday, March 23, 2010 1:34 PM Criminal & Civil Justice Policy Council
Referred to Insurance, Business & Financial Affairs Policy Committee Tuesday, March 23, 2010 1:34 PM Insurance, Business & Financial Affairs Policy Committee
CS Filed Tuesday, March 23, 2010 12:31 PM
Laid on Table under Rule 7.20 Tuesday, March 23, 2010 12:31 PM
Reported out of Civil Justice & Courts Policy Committee Tuesday, March 23, 2010 12:22 PM Civil Justice & Courts Policy Committee
Favorable with CS by Civil Justice & Courts Policy Committee Monday, March 22, 2010 5:00 PM Civil Justice & Courts Policy Committee
Added to Civil Justice & Courts Policy Committee agenda Thursday, March 18, 2010 4:19 PM Civil Justice & Courts Policy Committee
Added to Civil Justice & Courts Policy Committee agenda Friday, March 12, 2010 4:19 PM Civil Justice & Courts Policy Committee
Now in Civil Justice & Courts Policy Committee Wednesday, March 10, 2010 4:16 PM Civil Justice & Courts Policy Committee
Referred to Criminal & Civil Justice Policy Council Wednesday, March 10, 2010 4:16 PM Criminal & Civil Justice Policy Council
Referred to Insurance, Business & Financial Affairs Policy Committee Wednesday, March 10, 2010 4:16 PM Insurance, Business & Financial Affairs Policy Committee
Referred to Civil Justice & Courts Policy Committee Wednesday, March 10, 2010 4:16 PM Civil Justice & Courts Policy Committee
1st Reading Tuesday, March 02, 2010 10:50 PM
Filed Monday, March 01, 2010 12:48 PM Grady

Statutes Referenced by this Bill
702.01
 

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