Kevin Van Winkle
- Republican
- Senator
- District 30
The bill modifies and clarifies certain aspects of the foreclosure process on property encumbered by a deed of trust as follows: Eliminates the authority of the attorney for a holder of an evidence of debt (holder) to specify the newspaper used to publish foreclosure notices; Allows an amended combined notice to be omitted in a specified circumstances when the notice is provided by the sheriff or public trustee conducting the foreclosure (officer); Modifies the amount of the deposit required for the fees and costs of the public trustee; Omits a statement notifying borrowers of their ability to file a complaint if they believe a lender or servicer has violated certain requirements from the portions of a combined notice that must be published; Makes changes to the bid form used by holders; Clarifies the amount to be paid to the officer if the holder bids an amount that exceeds the amount due to the holder; Prorates the amount of insurance premiums that may be claimed as costs; Further specifies and modifies the procedures for restarting a foreclosure proceeding when a property is subject to a federal bankruptcy case or if a sale has been enjoined or set aside by a court; Specifies the interest and other amounts that may be charged by the holder of a certificate of purchase when property is redeemed; and Clarifies the procedure for junior subsequent lienors to redeem a property.(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More
Governor Signed
Sent to the Governor
Signed by the President of the Senate
Signed by the Speaker of the House
House Considered Senate Amendments - Result was to Concur - Repass
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed with Amendments - Floor
Senate Second Reading Laid Over Daily - No Amendments
Senate Committee on Finance Refer Unamended - Consent Calendar to Senate Committee of the Whole
House Third Reading Passed - No Amendments
House Second Reading Passed with Amendments - Committee
House Committee on Finance Refer Amended to House Committee of the Whole
Bill Text Versions | Format |
---|---|
Committee Amendment | |
PA1 (03/14/2018) | |
Introduced (02/22/2018) | |
Engrossed (03/15/2018) | |
Reengrossed (03/16/2018) | |
Revised (03/28/2018) | |
Rerevised (03/29/2018) | |
Final Act (04/16/2018) | |
Signed Act (04/23/2018) |
Document | Format |
---|---|
Fiscal Note FN1 (03/05/2018) | |
Fiscal Note FN2 (06/14/2018) |
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