SB 2006: Foreclosure Debt Relief
GENERAL BILL by Braynon
Foreclosure Debt Relief; Creates the "Foreclosure Debt Claims Act." Provides definitions. Authorizes the creation and administration of a deficiency judgment reimbursement program by the Florida Housing Finance Corporation contingent upon the occurrence of certain conditions precedent. Provides for future termination of the program. Authorizes continuation of the program under certain circumstances after depletion of funds. Provides procedures and eligibility requirements for homeowners and financial institutions to file specified monetary claims.
Effective Date: 7/1/2011
Last Action: 5/7/2011 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Last Action: 5/7/2011 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Community Affairs (CA)
- Budget (BC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 3/14/2011 | Senate |
• Filed |
| 3/22/2011 | Senate |
• Referred to Banking and Insurance; Community Affairs; Budget -SJ 271 |
| 3/23/2011 | Senate |
• Introduced -SJ 271 |
| 5/7/2011 | Senate |
• Indefinitely postponed and withdrawn from consideration • Died in Banking and Insurance |
