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CS/CS/SB 770: Residential Loan Alternative Agreements

GENERAL BILL by Rules ; Commerce and Tourism ; Bradley

Residential Loan Alternative Agreements; Specifying restrictions on residential loan alternative agreements for the disposition of residential real property; prohibiting a court from enforcing such agreements by certain means; providing that such agreements are void if listing services do not begin within a certain timeframe; specifying penalties and remedies, etc.

Effective Date: 7/1/2023
Last Action: 5/25/2023 - Chapter No. 2023-117
Bill Text: Web Page | PDF
Senate Committee References:
  1. Regulated Industries (RI)
  2. Commerce and Tourism (CM)
  3. Rules (RC)



Bill History

Date Chamber Action
2/14/2023 Senate • Filed
2/23/2023 Senate • Referred to Regulated Industries; Commerce and Tourism; Rules
3/7/2023 Senate • Introduced
3/9/2023 Senate • On Committee agenda-- Regulated Industries, 03/14/23, 4:00 pm, 401 Senate Building
3/14/2023 Senate • Favorable by Regulated Industries; YEAS 9 NAYS 0
3/15/2023 Senate • Now in Commerce and Tourism
3/22/2023 Senate • On Committee agenda-- Commerce and Tourism, 03/27/23, 3:00 pm, 110 Senate Building
3/27/2023 Senate • CS by Commerce and Tourism; YEAS 9 NAYS 0
3/28/2023 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Rules
• CS by Commerce and Tourism read 1st time
4/6/2023 Senate • On Committee agenda-- Rules, 04/11/23, 8:30 am, 412 Knott Building
4/11/2023 Senate • CS/CS by- Rules; YEAS 19 NAYS 0
4/12/2023 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• CS/CS by Rules read 1st time
4/13/2023 Senate • Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 04/19/23
4/19/2023 Senate • Read 2nd time -SJ 434
• Read 3rd time -SJ 434
• CS passed; YEAS 40 NAYS 0 -SJ 434
• Immediately certified -SJ 434
4/19/2023 House • In Messages
• Bill referred to House Calendar
• Bill added to Special Order Calendar (4/20/2023)
• 1st Reading (Committee Substitute 2)
4/20/2023 House • Substituted for CS/CS/CS/HB 861
• Read 2nd time
• Added to Third Reading Calendar
• Read 3rd time
• CS passed; YEAS 115, NAYS 0
4/20/2023 Senate • Ordered enrolled
5/23/2023 • Signed by Officers and presented to Governor
5/24/2023 • Approved by Governor
5/25/2023 • Chapter No. 2023-117