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.
Senate Committee References:
- Banking and Insurance (BI)
- Judiciary (JU)
- 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) 
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) -
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)
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) -
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)
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 AMReplaced by Committee Substitute
2/8/2023Web Page
PDFCommittee 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)