Roderick Wright
- Democratic
Author
Existing law prohibits requiring an impound, trust, or other type of account for payment of property taxes, insurance premiums, or other purposes relating to the property as a condition of a real property sale contract or a loan secured by a deed of trust or mortgage on real property containing only a single-family, owner-occupied dwelling, except as specified. This bill would include among those exceptions sales where a loan is made in compliance with the requirements for higher priced mortgage loans established in Regulation Z, as defined, whether or not the loan is a higher priced mortgage loan, and where a loan is refinanced or modified in connection with a lender's homeownership preservation program or a lender's participation in such a program sponsored by a federal, state, or local government authority or a nonprofit organization.
Chaptered by Secretary of State. Chapter 57, Statutes of 2009.
Approved by Governor.
Enrolled. To Governor at 11:30 a.m.
In Senate. To enrollment.
Read third time. Passed. (Ayes 78. Noes 0. Page 2390.) To Senate.
Read second time. To Consent Calendar.
From committee: Do pass. To Consent Calendar. (Ayes 11. Noes 0.)
(Heard in committee on June 29.)
To Com. on B. & F.
Read third time. Passed. (Ayes 38. Noes 0. Page 898.) To Assembly.
In Assembly. Read first time. Held at Desk.
Read second time. To Consent Calendar.
From committee: Do pass. To Consent Calendar. (Ayes 11. Noes 0. Page 805.)
Set for hearing May 6.
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on B., F. & I.
From committee: Do pass, but first be re-referred to Com. on APPR. (Ayes 9. Noes 0. Page 581.) Re-referred to Com. on APPR.
Withdrawn from committee.
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on B., P. & E.D.
Set for hearing April 20.
To Com. on B., P. & E.D.
Read first time.
From print. May be acted upon on or after March 30.
Introduced. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB633 | HTML |
| 02/27/09 - Introduced | |
| 04/13/09 - Amended Senate | |
| 04/27/09 - Amended Senate | |
| 07/07/09 - Enrolled | |
| 08/06/09 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
Data on Open States is updated periodically throughout the day from the official website of the California State Legislature.
If you notice any inconsistencies with these official sources, feel free to file an issue.