SB 708: Estoppel Letters
GENERAL BILL by Burgess
Estoppel Letters; Revising the timeframe within which a mortgagee or mortgage servicer must send or cause to be sent an estoppel letter containing specified information; requiring notice to the mortgagor of a request for an estoppel letter under certain circumstances; revising requirements for an estoppel letter; prohibiting certain actions by the mortgagee or mortgage servicer; prohibiting the mortgagee or mortgage servicer from denying the accuracy of certain information provided in an estoppel letter under certain circumstances; prohibiting payments received pursuant to an estoppel letter from being returned and requiring such payments to be promptly applied to any unpaid balance of the loan properly due under or secured by a mortgage, etc.
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Bill History
Date Chamber Action 2/10/2023 Senate • Filed
2/23/2023 Senate • Referred to Judiciary; Rules
3/7/2023 Senate • Introduced
3/16/2023 Senate • On Committee agenda-- Judiciary, 03/21/23, 2:30 pm, 412 Knott Building
3/21/2023 Senate • Favorable by Judiciary; YEAS 10 NAYS 0
3/22/2023 Senate • Now in Rules
3/31/2023 Senate • On Committee agenda-- Rules, 04/05/23, 11:00 am, 412 Knott Building
4/5/2023 Senate • Favorable by- Rules; YEAS 17 NAYS 0
• Placed on Calendar, on 2nd reading
• Placed on Special Order Calendar, 04/12/23
4/12/2023 Senate • Read 2nd time -SJ 393
• Read 3rd time -SJ 393
• Passed; YEAS 40 NAYS 0 -SJ 393
• Immediately certified -SJ 394
4/12/2023 House • In Messages
4/28/2023 House • Bill referred to House Calendar
• Bill added to Special Order Calendar (5/1/2023)
• 1st Reading (Original Filed Version)
5/1/2023 House • Read 2nd time
• Placed on 3rd reading
• Added to Third Reading Calendar
5/2/2023 House • Read 3rd time
• Passed; YEAS 119, NAYS 0
5/2/2023 Senate • Ordered enrolled
5/16/2023 • Signed by Officers and presented to Governor
5/25/2023 • Approved by Governor
5/26/2023 • Chapter No. 2023-135
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SB 708, Enrolled (Current Bill Version) Posted 5/2/2023 at 1:24 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 743 Estoppel Letters Fabricio Identical Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see SB 708 (Ch. 2023-135) 
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 701.04 Cancellation of mortgages, liens, and judgments. Page 2 (pdf) 701.041 Title insurer; mortgage release certificate. Page 8 (pdf) -
SB 708, Original Filed Version Posted 2/10/2023 at 3:27 PM
Bill Text: Web Page | PDF Analyses: Judiciary (Pre-Meeting) 3/20/2023 (pdf)
Judiciary (Post-Meeting) 3/21/2023 (pdf)
Rules (Pre-Meeting) 4/4/2023 (pdf)
Rules (Post-Meeting) 4/5/2023 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 743 Estoppel Letters Fabricio Identical Last Action: 5/1/2023 H Laid on Table; companion bill(s) passed, see SB 708 (Ch. 2023-135)
Committee Votes (2)
Date Committee Result 3/21/2023 2:30 PM Judiciary 10 Yeas - 0 Nays 4/5/2023 11:00 AM Rules 17 Yeas - 0 Nays Floor Votes (2)
Date Chamber Result 4/12/2023 3:58 PM Senate 40 Yeas - 0 Nays 5/2/2023 12:15 PM House 119 Yeas - 0 Nays Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 701.04 Cancellation of mortgages, liens, and judgments. Page 2 (pdf) 701.041 Title insurer; mortgage release certificate. Page 8 (pdf)