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Glossary of Legislative Terms

CS/SB 286: Legal Instruments

GENERAL BILL by Banking and Insurance ; Powell

Legal Instruments; Requiring that a lien created by an assignment of rents be perfected against a mortgagor in addition to third parties under certain conditions; revising the types of expenses that may be paid by collected rents in foreclosure actions under certain circumstances; expanding the scope of a final judgment of foreclosure to include other liens; requiring the award of attorney fees in certain circumstances, etc.

Effective Date: 7/1/2023
 Last Action: 6/16/2023 - Chapter No. 2023-215
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Judiciary (JU)
  3. Rules (RC)

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  • Bill History

    Date Chamber Action
    1/19/2023 Senate • Filed
    1/26/2023 Senate • Referred to Banking and Insurance; Judiciary; Rules
    1/30/2023 Senate • On Committee agenda-- Banking and Insurance, 02/08/23, 9:30 am, 412 Knott Building
    2/8/2023 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0
    2/9/2023 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Judiciary
    2/13/2023 Senate • On Committee agenda-- Judiciary, 02/21/23, 1:00 pm, 412 Knott Building
    2/21/2023 Senate • Favorable by Judiciary; YEAS 10 NAYS 0
    • Now in Rules
    3/3/2023 Senate • On Committee agenda-- Rules, 03/08/23, 1:30 pm, 412 Knott Building
    3/7/2023 Senate • Introduced
    • CS by Banking and Insurance read 1st time -SJ 113
    3/8/2023 Senate • Favorable by- Rules; YEAS 19 NAYS 0
    3/9/2023 Senate • Placed on Calendar, on 2nd reading
    3/13/2023 Senate • Placed on Special Order Calendar, 03/15/23
    3/15/2023 Senate • Read 2nd time -SJ 183
    • Read 3rd time -SJ 183
    • CS passed; YEAS 38 NAYS 0 -SJ 183
    • Immediately certified -SJ 185
    3/15/2023 House • In Messages
    4/28/2023 House • Bill referred to House Calendar
    • Bill added to Special Order Calendar (5/1/2023)
    • 1st Reading (Committee Substitute 1)
    5/1/2023 House • Read 2nd time
    • Placed on 3rd reading
    • Added to Third Reading Calendar
    5/2/2023 House • Read 3rd time
    • CS passed; YEAS 119, NAYS 0
    5/2/2023 Senate • Ordered enrolled
    6/5/2023 • Signed by Officers and presented to Governor
    6/12/2023 • Approved by Governor
    6/16/2023 • Chapter No. 2023-215

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  • CS/SB 286, Enrolled (Current Bill Version) Posted 5/2/2023 at 2:51 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 237 (c1) Legal Instruments Civil Justice Subcommittee Identical Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see CS/SB 286 (Ch. 2023-215) Track This Bill

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    117.201 Definitions. Page 1 (pdf)
    697.07 Assignment of rents. Page 2 (pdf)
    702.036 Finality of mortgage foreclosure judgment. Page 4 (pdf)
    702.10 Order to show cause; entry of final judgment of foreclosure; payment during foreclosure. Page 6 (pdf)

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  • CS/SB 286, Committee Substitute 1 Posted 2/9/2023 at 12:47 PM

    Bill Text:   Web Page | PDF
    Analyses:   Judiciary (Pre-Meeting) 2/20/2023 (pdf)
    Judiciary (Post-Meeting) 2/21/2023 (pdf)
    Rules (Pre-Meeting) 3/7/2023 (pdf)
    Rules (Post-Meeting) 3/8/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 237 (c1) Legal Instruments Civil Justice Subcommittee Identical Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see CS/SB 286 (Ch. 2023-215) Track This Bill

    Committee Votes (2)

    Date Committee Result
    2/21/2023 1:00 PM Judiciary 10 Yeas - 0 Nays
    3/8/2023 1:30 PM Rules 19 Yeas - 0 Nays

    Floor Votes (2)

    Date Chamber Result
    3/15/2023 8:45 AM Senate 38 Yeas - 0 Nays
    5/2/2023 2:14 PM House 119 Yeas - 0 Nays

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    117.201 Definitions. Page 1 (pdf)
    697.07 Assignment of rents. Page 2 (pdf)
    702.036 Finality of mortgage foreclosure judgment. Page 4 (pdf)
    702.10 Order to show cause; entry of final judgment of foreclosure; payment during foreclosure. Page 6 (pdf)

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  • SB 286, Original Filed Version Posted 1/19/2023 at 9:44 AM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 2/7/2023 (pdf)
    Banking and Insurance (Post-Meeting) 2/9/2023 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 237 Legal Instruments Civil Justice Subcommittee Identical Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see CS/SB 286 (Ch. 2023-215) Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    417302 - Amendment
    Delete lines 28 - 255 and insert:     		Banking and Insurance
    (Powell)     		2/7/2023
    9:15 AM     		Replaced by Committee Substitute
    2/8/2023     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    2/8/2023 9:30 AM Banking and Insurance 10 Yeas - 0 Nays

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    117.201 Definitions. Page 1 (pdf)
    697.07 Assignment of rents. Page 2 (pdf)
    702.036 Finality of mortgage foreclosure judgment. Page 4 (pdf)
    702.10 Order to show cause; entry of final judgment of foreclosure; payment during foreclosure. Page 6 (pdf)

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