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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.

Effective Date: 7/1/2018
Last Action: 3/10/2018 House - Died in Agriculture and Property Rights Subcommittee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    1/4/2018 House • Filed
    1/9/2018 House • Introduced -HJ 108
    1/12/2018 House • Referred to Agriculture and Property Rights Subcommittee; Local, Federal and Veterans Affairs Subcommittee; Commerce Committee -HJ 338
    3/10/2018 House • Indefinitely postponed and withdrawn from consideration
    • Died in Agriculture and Property Rights Subcommittee

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  • HB 1225, Original Filed Version (Current Bill Version) Posted 1/4/2018 at 5:47 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1858 Improvements to Real Property Passidomo Similar Last Action: 3/10/2018 S Died in Judiciary

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    163.08 Supplemental authority for improvements to real property. Page 2 (pdf)

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