CS/CS/HB 1523 (2010) -  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

Related Bills

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

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Criminal & Civil Justice Policy Council 4/9/2010 11:28:33 AM
Chamber: House Committee: Insurance, Business & Financial Affairs Policy Committee 3/30/2010 1:40:06 PM
Chamber: House Committee: Insurance, Business & Financial Affairs Policy Committee 3/24/2010 10:18:53 AM
Chamber: House Committee: Civil Justice & Courts Policy Committee 3/23/2010 12:21:35 PM
Chamber: House Committee: Civil Justice & Courts Policy Committee 3/15/2010 10:16:48 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Criminal & Civil Justice Policy Council Time: 04/30/2010 - 6:59 PM Member: Committee: Criminal & Civil Justice Policy Council Version: c2
Event: H Added to Criminal & Civil Justice Policy Council agenda Time: 04/08/2010 - 4:25 PM Member: Committee: Criminal & Civil Justice Policy Council Version: c2
Event: H Now in Criminal & Civil Justice Policy Council Time: 04/01/2010 - 3:48 PM Member: Committee: Criminal & Civil Justice Policy Council Version: c2
Event: H Referred to Criminal & Civil Justice Policy Council Time: 04/01/2010 - 3:48 PM Member: Committee: Criminal & Civil Justice Policy Council Version: c2
Event: H 1st Reading Time: 03/30/2010 - 5:03 PM Member: Committee: Version: c2
Event: H CS Filed Time: 03/30/2010 - 2:23 PM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.20 Time: 03/30/2010 - 2:23 PM Member: Committee: Version: c1
Event: H Reported out of Insurance, Business & Financial Affairs Policy Committee Time: 03/30/2010 - 1:41 PM Member: Committee: Insurance, Business & Financial Affairs Policy Committee Version: c1
Event: H Favorable with CS by Insurance, Business & Financial Affairs Policy Committee Time: 03/25/2010 - 6:00 PM Member: Committee: Insurance, Business & Financial Affairs Policy Committee Version: c1
Event: H 1st Reading Time: 03/23/2010 - 11:59 PM Member: Committee: Version: c1
Event: H Added to Insurance, Business & Financial Affairs Policy Committee agenda Time: 03/23/2010 - 4:20 PM Member: Committee: Insurance, Business & Financial Affairs Policy Committee Version: c1
Event: H Now in Insurance, Business & Financial Affairs Policy Committee Time: 03/23/2010 - 1:34 PM Member: Committee: Insurance, Business & Financial Affairs Policy Committee Version: c1
Event: H Referred to Criminal & Civil Justice Policy Council Time: 03/23/2010 - 1:34 PM Member: Committee: Criminal & Civil Justice Policy Council Version: c1
Event: H Referred to Insurance, Business & Financial Affairs Policy Committee Time: 03/23/2010 - 1:34 PM Member: Committee: Insurance, Business & Financial Affairs Policy Committee Version: c1
Event: H CS Filed Time: 03/23/2010 - 12:31 PM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.20 Time: 03/23/2010 - 12:31 PM Member: Committee: Version: __
Event: H Reported out of Civil Justice & Courts Policy Committee Time: 03/23/2010 - 12:22 PM Member: Committee: Civil Justice & Courts Policy Committee Version: __
Event: H Favorable with CS by Civil Justice & Courts Policy Committee Time: 03/22/2010 - 5:00 PM Member: Committee: Civil Justice & Courts Policy Committee Version: __
Event: H Added to Civil Justice & Courts Policy Committee agenda Time: 03/18/2010 - 4:19 PM Member: Committee: Civil Justice & Courts Policy Committee Version: __
Event: H Added to Civil Justice & Courts Policy Committee agenda Time: 03/12/2010 - 4:19 PM Member: Committee: Civil Justice & Courts Policy Committee Version: __
Event: H Now in Civil Justice & Courts Policy Committee Time: 03/10/2010 - 4:16 PM Member: Committee: Civil Justice & Courts Policy Committee Version: __
Event: H Referred to Criminal & Civil Justice Policy Council Time: 03/10/2010 - 4:16 PM Member: Committee: Criminal & Civil Justice Policy Council Version: __
Event: H Referred to Insurance, Business & Financial Affairs Policy Committee Time: 03/10/2010 - 4:16 PM Member: Committee: Insurance, Business & Financial Affairs Policy Committee Version: __
Event: H Referred to Civil Justice & Courts Policy Committee Time: 03/10/2010 - 4:16 PM Member: Committee: Civil Justice & Courts Policy Committee Version: __
Event: H 1st Reading Time: 03/02/2010 - 10:50 PM Member: Committee: Version: __
Event: H Filed Time: 03/01/2010 - 12:48 PM Member: Grady Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
702.01