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Glossary of Legislative Terms

SB 496: Foreclosure Debt Relief

GENERAL BILL by Braynon

Foreclosure Debt Relief; Creating the “Foreclosure Debt Claims Act”; authorizing the creation and administration of a deficiency judgment reimbursement program by the Florida Housing Finance Corporation contingent upon the occurrence of certain conditions precedent; providing for future termination of the program; authorizing continuation of the program under certain circumstances after depletion of funds; providing procedures and eligibility requirements for homeowners and financial institutions to file specified monetary claims, etc.

Effective Date: upon becoming a law
 Last Action: 3/9/2012 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Community Affairs (CA)
  3. Budget (BC)

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  • Bill History

    Date Chamber Action
    10/7/2011 Senate • Filed
    11/2/2011 Senate • Referred to Banking and Insurance; Community Affairs; Budget -SJ 44
    1/10/2012 Senate • Introduced -SJ 44
    3/9/2012 Senate • Died in Banking and Insurance

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  • SB 496, Original Filed Version (Current Bill Version) Posted 10/7/2011 at 11:21 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 65 Foreclosure Debt Relief Soto Identical Last Action: 1/6/2012 H Withdrawn prior to introduction -HJ 12
    Location: Withdrawn from consideration     		Track This Bill

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