Legislation

Title: Foreclosure Actions - Responsibility of Secured Parties and Stay for Determination of Financial Assistance
Sponsored by: Delegates Embry, Feldmark, and Kaufman
Status: In the House - Unfavorable Report by Environment and Transportation
Analysis: Fiscal and Policy Note

Synopsis

Prohibiting, with certain exceptions, a secured party from initiating or proceeding with a foreclosure for a certain period if the secured party receives a certain notice; requiring a secured party to make a certain affidavit to the circuit court responsible for the foreclosure action when the secured party makes certain filings; requiring the circuit court to award a stay in a foreclosure action if a certain amount of time has not passed after a certain notice is made; etc.

Committees

Original:: Environment and Transportation Click to view Recorded Media

Committee Testimony

Witness List

Details

Emergency Bill

Bill File Type: Regular

Effective Date(s): Upon Enactment

History

Legislation History
Chamber House Calendar Date 2/10/2023 Legislative Date 2/10/2023 Action First Reading Environment and Transportation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Foreclosure Actions - Responsibility of Secured Parties and Stay for Determination of Financial Assistance Proceedings
Chamber House Calendar Date 2/13/2023 Legislative Date 2/13/2023 Action Hearing 3/07 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Environment and Transportation Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/10/2023 Legislative Date 4/10/2023 Action Unfavorable Report by Environment and Transportation Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/10/2023	2/10/2023	First Reading Environment and Transportation
			Text - First - Foreclosure Actions - Responsibility of Secured Parties and Stay for Determination of Financial Assistance
House	2/13/2023	2/13/2023	Hearing 3/07 at 1:00 p.m.
			Vote - House - Committee - Environment and Transportation	Click to view Recorded Media
House	4/10/2023	4/10/2023	Unfavorable Report by Environment and Transportation

File Code

Subjects

Statutes