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CS/CS/HB 531: Mortgages/Certificates of Release

GENERAL BILL by Hasner ; (CO-INTRODUCERS) Ambler ; Goodlette ; Homan ; Stargel ; Zapata

Mortgages/Certificates of Release; provides for issuance of certificate of release for mortgage by title insurer or its authorized agent for certain purposes; specifies contents of certificate of release; requires execution, acknowledgment, & recordation of certificate of release by certain entities; requires Financial Services Commission to adopt rules establishing actuarially sound premium charge for certificates of release, etc. Creates 701.041; repeals 701.05.

Effective Date: 07/01/2005
Last Action: 6/1/2005 - Approved by Governor; Chapter No. 2005-122
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
1/25/2005 House • Filed
2/7/2005 House • Referred to Civil Justice (JC); Economic Development, Trade & Banking (CC); Justice Council
2/11/2005 House • On Committee agenda-- Civil Justice (JC), 02/23/05, 10:00 am, 24-H --Not considered
3/8/2005 House • Introduced, referred to Civil Justice (JC); Economic Development, Trade & Banking (CC); Justice Council -HJ 00052; On Committee agenda-- Civil Justice (JC), 02/23/05, 10:00 am, 24-H --Not considered; On Committee agenda-- Civil Justice (JC), 03/09/05, 10:00 am, 24-H
3/9/2005 House • Favorable with CS amendment by Civil Justice (JC); YEAS 4 NAYS 0 -HJ 00227
3/14/2005 House • Pending review of CS under Rule 6.3(b)
3/15/2005 House • Now in Economic Development, Trade & Banking (CC) -HJ 00227
3/22/2005 House • On Committee agenda-- Economic Development, Trade & Banking (CC), 03/24/05, 8:00 am, 306-H
3/24/2005 House • Favorable by Economic Development, Trade & Banking (CC); YEAS 13 NAYS 0 -HJ 00269; Now in Justice Council -HJ 00269
4/4/2005 House • On Council agenda-- Justice Council, 04/06/05, 8:00 am, 404-H
4/6/2005 House • Favorable with CS amendment by- Justice Council; YEAS 9 NAYS 0 -HJ 00464
4/8/2005 House • Pending review of CS -under Rule 6.3(b)
4/12/2005 House • Placed on Calendar -HJ 00464
4/13/2005 House • Placed on Special Order Calendar; Read second time -HJ 00499; Ordered engrossed -HJ 00499
4/14/2005 House • Read third time -HJ 00516; Passed as amended; YEAS 118 NAYS 0 -HJ 00516
4/19/2005 Senate • In Messages
4/20/2005 Senate • Received, referred to Banking and Insurance; Judiciary -SJ 00533; Withdrawn from Banking and Insurance; Judiciary -SJ 00505; Substituted for CS/CS/SB 1258 -SJ 00505; Read second time -SJ 00505
4/21/2005 Senate • Read third time -SJ 00543; Passed; YEAS 37 NAYS 0 -SJ 00543
4/27/2005 House • Ordered enrolled -HJ 00901
5/20/2005 • Signed by Officers and presented to Governor
6/1/2005 • Approved by Governor; Chapter No. 2005-122