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CS/CS/HB 505: Mortgages

GENERAL BILL by Civil Justice Subcommittee ; Insurance and Banking Subcommittee ; Bernard ; McBurney

Mortgages; Requires mortgage holder to provide information within specified time relating to unpaid loan balance due under mortgage if mortgagor, record title owner of property, or person lawfully authorized to act on behalf of mortgagor or record title owner of property makes written request; allows financial institutions to release certain mortgagor information to specified persons without penalty.

Effective Date: upon becoming a law
Last Action: 3/6/2012 House - Laid on Table, companion bill(s) passed, see CS/SB 1050 (Ch. 2012-49) -HJ 1137
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    10/27/2011 House • Filed
    11/4/2011 House • Referred to Insurance and Banking Subcommittee; Civil Justice Subcommittee; Economic Affairs Committee -HJ 52
    1/9/2012 House • On Committee agenda-- Insurance and Banking Subcommittee, 01/11/12, 8:00 am, 404 HOB
    1/10/2012 House • Introduced -HJ 52
    1/11/2012 House • CS by Insurance and Banking Subcommittee; YEAS 15 NAYS 0 -HJ 238
    1/18/2012 House • Pending review of CS under Rule 7.19(c)
    1/19/2012 House • Now in Civil Justice Subcommittee -HJ 235
    • CS by Insurance and Banking Subcommittee read 1st time -HJ 232
    1/27/2012 House • On Committee agenda-- Civil Justice Subcommittee, 01/31/12, 8:00 am, 404 HOB
    1/31/2012 House • CS/CS by Civil Justice Subcommittee; YEAS 14 NAYS 0 -HJ 320
    2/1/2012 House • Pending review of CS under Rule 7.19(c)
    • CS/CS by Civil Justice Subcommittee read 1st time -HJ 313
    2/2/2012 House • Now in Economic Affairs Committee -HJ 451
    2/14/2012 House • On Committee agenda-- Economic Affairs Committee, 02/16/12, 11:30 am, Reed Hall
    2/16/2012 House • Favorable by- Economic Affairs Committee; YEAS 14 NAYS 0 -HJ 683
    • Placed on Calendar -HJ 683
    3/6/2012 House • Laid on Table, companion bill(s) passed, see CS/SB 1050 (Ch. 2012-49) -HJ 1137

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  • CS/CS/HB 505, Committee Substitute 2 (Current Bill Version) Posted 2/1/2012 at 7:38 AM

    Bill Text:   PDF
    Analyses:   Economic Affairs Committee (Post-Meeting) 2/16/2012 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1050 (er) Fiduciaries Bogdanoff Compare Last Action: 4/7/2012 Chapter No. 2012-49
    Location: Became Law

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    701.04 Cancellation of mortgages, liens, and judgments. Page 1 (pdf)

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  • CS/HB 505, Committee Substitute 1 Posted 1/18/2012 at 1:22 PM

    Bill Text:   PDF
    Analyses:   Civil Justice Subcommittee (Post-Meeting) 1/31/2012 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1050 Mortgages Bogdanoff Similar Last Action: 4/7/2012 Chapter No. 2012-49
    Location: Became Law

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    910389 - Amendment
    Remove lines 28-76 and insert:
    Bernard 1/30/2012
    7:10 PM
    Adopted without Objection
    1/31/2012
    PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    655.059 Access to books and records; confidentiality; penalty for disclosure. Page 3 (pdf)
    701.04 Cancellation of mortgages, liens, and judgments. Page 1 (pdf)

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  • HB 505, Original Filed Version Posted 10/27/2011 at 2:27 PM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 4/18/2012 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1050 Mortgages Bogdanoff Similar Last Action: 4/7/2012 Chapter No. 2012-49
    Location: Became Law

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    033965 - Strike All Amendment
    Remove everything after the enacting clause and insert:
    Bernard 1/10/2012
    9:10 PM
    Adopted without Objection
    1/11/2012
    PDF

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    701.04 Cancellation of mortgages, liens, and judgments. Page 1 (pdf)

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