Senate Bill 770 (2023) - The Florida Senate

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CS/CS/SB 770: Residential Loan Alternative Agreements

GENERAL BILL by Rules ; Commerce and Tourism ; Bradley

Residential Loan Alternative Agreements; Specifying restrictions on residential loan alternative agreements for the disposition of residential real property; prohibiting a court from enforcing such agreements by certain means; providing that such agreements are void if listing services do not begin within a certain timeframe; specifying penalties and remedies, etc.

Effective Date: 7/1/2023
Last Action: 5/25/2023 - Chapter No. 2023-117
Bill Text: Web Page | PDF

Senate Committee References:

Regulated Industries (RI)
Commerce and Tourism (CM)
Rules (RC)

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Bill History

Date	Chamber	Action
2/14/2023	Senate	• Filed
2/23/2023	Senate	• Referred to Regulated Industries; Commerce and Tourism; Rules
3/7/2023	Senate	• Introduced
3/9/2023	Senate	• On Committee agenda-- Regulated Industries, 03/14/23, 4:00 pm, 401 Senate Building
3/14/2023	Senate	• Favorable by Regulated Industries; YEAS 9 NAYS 0
3/15/2023	Senate	• Now in Commerce and Tourism
3/22/2023	Senate	• On Committee agenda-- Commerce and Tourism, 03/27/23, 3:00 pm, 110 Senate Building
3/27/2023	Senate	• CS by Commerce and Tourism; YEAS 9 NAYS 0
3/28/2023	Senate	• Pending reference review under Rule 4.7(2) - (Committee Substitute) • Now in Rules • CS by Commerce and Tourism read 1st time
4/6/2023	Senate	• On Committee agenda-- Rules, 04/11/23, 8:30 am, 412 Knott Building
4/11/2023	Senate	• CS/CS by- Rules; YEAS 19 NAYS 0
4/12/2023	Senate	• Pending reference review -under Rule 4.7(2) - (Committee Substitute) • CS/CS by Rules read 1st time
4/13/2023	Senate	• Placed on Calendar, on 2nd reading • Placed on Special Order Calendar, 04/19/23
4/19/2023	Senate	• Read 2nd time -SJ 434 • Read 3rd time -SJ 434 • CS passed; YEAS 40 NAYS 0 -SJ 434 • Immediately certified -SJ 434
4/19/2023	House	• In Messages • Bill referred to House Calendar • Bill added to Special Order Calendar (4/20/2023) • 1st Reading (Committee Substitute 2)
4/20/2023	House	• Substituted for CS/CS/CS/HB 861 • Read 2nd time • Added to Third Reading Calendar • Read 3rd time • CS passed; YEAS 115, NAYS 0
4/20/2023	Senate	• Ordered enrolled
5/23/2023		• Signed by Officers and presented to Governor
5/24/2023		• Approved by Governor
5/25/2023		• Chapter No. 2023-117

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CS/CS/SB 770, Enrolled (Current Bill Version) Posted 4/21/2023 at 8:46 AM

Bill Text:	Web Page \| PDF

Analyses:	None

Related Bills (1)

Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
H 861 (c3)	Residential Loan Alternative Agreements	Regulatory Reform & Economic Development Subcommittee	Identical	Last Action: 4/20/2023 H Laid on Table; companion bill(s) passed, see CS/CS/SB 770 (Ch. 2023-117)

Citations - Statutes (1)

Citation	Catchline	Location in Bill Location In Bill Help
475.279		Page 1 (pdf)

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CS/CS/SB 770, Committee Substitute 2 Posted 4/12/2023 at 9:28 AM

Bill Text:	Web Page \| PDF

Analyses:	None

Related Bills (1)

Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
H 861 (c3)	Residential Loan Alternative Agreements	Regulatory Reform & Economic Development Subcommittee	Identical	Last Action: 4/20/2023 H Laid on Table; companion bill(s) passed, see CS/CS/SB 770 (Ch. 2023-117)

Floor Votes (2)

Date	Chamber	Result
4/19/2023 4:54 PM	Senate	40 Yeas - 0 Nays
4/20/2023 10:21 AM	House	115 Yeas - 0 Nays

Citations - Statutes (1)

Citation	Catchline	Location in Bill Location In Bill Help
475.279		Page 1 (pdf)

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CS/SB 770, Committee Substitute 1 Posted 3/28/2023 at 2:34 PM

Bill Text:	Web Page \| PDF

Analyses:	Rules (Pre-Meeting) 4/10/2023 (pdf) Rules (Post-Meeting) 4/11/2023 (pdf)

Related Bills (1)

Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
H 861 (c3)	Residential Loan Alternative Agreements	Regulatory Reform & Economic Development Subcommittee	Similar	Last Action: 4/20/2023 H Laid on Table; companion bill(s) passed, see CS/CS/SB 770 (Ch. 2023-117)

Committee Amendments (1)

Amendment	Sponsor	Filed	Last Committee Action	Format
566254 - Amendment (Delete All) Delete everything after the enacting clause and insert:	Rules (Bradley)	4/10/2023 3:03 PM	Replaced by Committee Substitute 4/11/2023	Web Page PDF

Committee Votes (1)

Date	Committee	Result
4/11/2023 8:30 AM	Rules	19 Yeas - 0 Nays

Citations - Statutes (1)

Citation	Catchline	Location in Bill Location In Bill Help
475.279		Page 1 (pdf)

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SB 770, Original Filed Version Posted 2/14/2023 at 10:32 AM

Bill Text:	Web Page \| PDF

Analyses:	Regulated Industries (Pre-Meeting) 3/13/2023 (pdf) Regulated Industries (Post-Meeting) 3/15/2023 (pdf) Commerce and Tourism (Pre-Meeting) 3/24/2023 (pdf) Commerce and Tourism (Post-Meeting) 3/28/2023 (pdf)

Related Bills (1)

Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
H 861 (c2)	Residential Loan Alternative Agreements	Regulatory Reform & Economic Development Subcommittee	Similar	Last Action: 4/20/2023 H Laid on Table; companion bill(s) passed, see CS/CS/SB 770 (Ch. 2023-117)

Committee Amendments (1)

Amendment	Sponsor	Filed	Last Committee Action	Format
559776 - Amendment (Delete All) Delete everything after the enacting clause and insert:	Commerce and Tourism (Bradley)	3/23/2023 3:29 PM	Replaced by Committee Substitute 3/27/2023	Web Page PDF

Committee Votes (2)

Date	Committee	Result
3/14/2023 4:00 PM	Regulated Industries	9 Yeas - 0 Nays
3/27/2023 3:00 PM	Commerce and Tourism	9 Yeas - 0 Nays

Citations - Statutes (1)

Citation	Catchline	Location in Bill Location In Bill Help
475.279		Page 1 (pdf)

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