SB 708 (2023) -  Estoppel Letters

General Bill by Burgess
Estoppel Letters: Revising the timeframe within which a mortgagee or mortgage servicer must send or cause to be sent an estoppel letter containing specified information; requiring notice to the mortgagor of a request for an estoppel letter under certain circumstances; revising requirements for an estoppel letter; prohibiting certain actions by the mortgagee or mortgage servicer; prohibiting the mortgagee or mortgage servicer from denying the accuracy of certain information provided in an estoppel letter under certain circumstances; prohibiting payments received pursuant to an estoppel letter from being returned and requiring such payments to be promptly applied to any unpaid balance of the loan properly due under or secured by a mortgage, etc.
Effective Date: 10/01/2023
Last Event: 05/26/23 Chapter No. 2023-135 on Friday, May 26, 2023 11:18 AM

Referred Committees and Committee Actions

Senate Referrals

  • Judiciary
    • On agenda for: 03/21/23 2:30 PM
    • Favorable (final action) Votes: Yeas 10   Nays 0
  • Rules
    • On agenda for: 04/05/23 11:00 AM
    • Favorable (final action) Votes: Yeas 17   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: HB 743 Subject: Estoppel Letters Relationship: Identical

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Rules 4/5/2023 2:45:21 PM
Chamber: Senate Committee: Rules 4/4/2023 11:06:18 AM
Chamber: Senate Committee: Judiciary 3/21/2023 6:29:44 PM
Chamber: Senate Committee: Judiciary 3/20/2023 2:03:14 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: Senate Date: 04/12/2023 03:58 PM   Yeas: 40 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 12] Barcode:
Chamber: House Date: 05/02/2023 12:15 PM   Yeas: 119 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 372] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2023-135 Time: 05/26/2023 - 11:18 AM Member: Committee: Version: er
Event: Approved by Governor Time: 05/25/2023 - 5:45 PM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 05/16/2023 - 9:09 AM Member: Committee: Version: er
Event: H Message sent to senate Time: 05/02/2023 - 1:10 PM Member: Committee: Version: __
Event: S Ordered enrolled Time: 05/02/2023 - 12:51 PM Member: Committee: Version: __
Event: H Passed; YEAS 119, NAYS 0 Time: 05/02/2023 - 12:14 PM Member: Committee: Version: __
Event: H Read 3rd time Time: 05/02/2023 - 12:14 PM Member: Committee: Version: __
Event: H Added to Third Reading Calendar Time: 05/01/2023 - 4:50 PM Member: Committee: Version: __
Event: H Placed on 3rd reading Time: 05/01/2023 - 11:27 AM Member: Committee: Version: __
Event: H Read 2nd time Time: 05/01/2023 - 11:25 AM Member: Committee: Version: __
Event: H 1st Reading Time: 04/28/2023 - 10:15 PM Member: Committee: Version: __
Event: H Bill added to Special Order Calendar (5/1/2023) Time: 04/28/2023 - 8:26 PM Member: Committee: Version: __
Event: H Bill referred to House Calendar Time: 04/28/2023 - 7:48 PM Member: Committee: Version: __
Event: H In Messages Time: 04/12/2023 - 4:50 PM Member: Committee: Version: __
Event: S Immediately certified -SJ 394 Time: 04/12/2023 - 4:07 PM Member: Committee: Version: __
Event: S Passed; YEAS 40 NAYS 0 -SJ 393 Time: 04/12/2023 - 3:58 PM Member: Committee: Version: __
Event: S Read 3rd time -SJ 393 Time: 04/12/2023 - 3:57 PM Member: Committee: Version: __
Event: S Read 2nd time -SJ 393 Time: 04/12/2023 - 3:56 PM Member: Committee: Version: __
Event: S Placed on Special Order Calendar, 04/12/23 Time: 04/05/2023 - 4:34 PM Member: Committee: Version: __
Event: S Placed on Calendar, on 2nd reading Time: 04/05/2023 - 2:57 PM Member: Committee: Rules Version: __
Event: S Favorable by- Rules; YEAS 17 NAYS 0 Time: 04/05/2023 - 1:09 PM Member: Committee: Rules Version: __
Event: S On Committee agenda-- Rules, 04/05/23, 11:00 am, 412 Knott Building Time: 03/31/2023 - 2:10 PM Member: Committee: Rules Version: __
Event: S Now in Rules Time: 03/22/2023 - 8:47 AM Member: Committee: Rules Version: __
Event: S Favorable by Judiciary; YEAS 10 NAYS 0 Time: 03/21/2023 - 5:11 PM Member: Committee: Judiciary Version: __
Event: S On Committee agenda-- Judiciary, 03/21/23, 2:30 pm, 412 Knott Building Time: 03/16/2023 - 1:50 PM Member: Committee: Judiciary Version: __
Event: S Introduced Time: 03/07/2023 - 10:45 AM Member: Committee: Version: __
Event: S Referred to Judiciary; Rules Time: 02/23/2023 - 6:05 PM Member: Committee: Judiciary Version: __
Event: S Filed Time: 02/10/2023 - 3:27 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
701.04 HB 743
701.041 HB 743