HB 1225: Improvements to Real Property
GENERAL BILL by Jacobs
Improvements to Real Property; Specifies information that must be sought before financing agreement is approved; specifies that failure of property owner to disclose specified information does not invalidate financing agreement; specifies information that must be verified for residential properties; specifies how fair market value is derived; requires program administrator to orally provide specified information to property owner; requires local governments to develop written disclosure form; specifies prohibited actions related to program administrators; specifies actions which will render certain contracts unenforceable; requires an annual report.
Last Action: 3/10/2018 House - Died in Agriculture and Property Rights Subcommittee
Bill Text: PDF
• Introduced -HJ 108
• Referred to Agriculture and Property Rights Subcommittee; Local, Federal and Veterans Affairs Subcommittee; Commerce Committee -HJ 338
• Indefinitely postponed and withdrawn from consideration
• Died in Agriculture and Property Rights Subcommittee
Companion bills that are identical word-for-word, not including titles. However, Resolutions and Concurrent Resolutions are considered identical if the only difference is the word "House" or "Senate."
Companion bills that are substantially similar in text or have substantial portions of text that are largely the same.
Bills that have selected provisions that are similar in text.
A bill that is contingent upon passage of another bill within the same chamber, e.g., a trust fund bill, a bill providing a public record exemption, or an implementing bill.
The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.