SB 48: Judicial Sales Procedures
GENERAL BILL by Garcia
Judicial Sales Procedures; Specifying that courts must follow certain provisions when ordering the sale of real or personal property unless the use of other specified procedures is ordered; designating the “Transparency in Judicial Sales and Foreclosure Sales Act”; prohibiting a court from allowing the use of bidding credits or certain other offsets in specified judicial sales or foreclosure sales; authorizing courts to order an alternate judicial sales procedure under specified conditions, etc.
Effective Date: 7/1/2025
Last Action: 1/15/2025 Senate - Referred to Judiciary; Community Affairs; Rules
Bill Text: Web Page | PDF
Last Action: 1/15/2025 Senate - Referred to Judiciary; Community Affairs; Rules
Bill Text: Web Page | PDF
Senate Committee References:
- Judiciary (JU)
- Community Affairs (CA)
- Rules (RC)
Bill History
Date | Chamber | Action |
---|---|---|
11/20/2024 | Senate |
• Filed |
1/15/2025 | Senate |
• Referred to Judiciary; Community Affairs; Rules |