Legislation

Including escrow costs in a specified calculation to determine whether a refinance mortgage shall have, on recordation, the same lien priority as the first mortgage or deed of trust that the refinance mortgage replaces; defining "escrow costs" to mean money to pay specified costs associated with the real property secured by a refinance mortgage that a lender requires to be collected at closing and held in escrow; and applying the Act prospectively.

Committees

Original:: Environmental Matters Click to view Recorded Media

Opposite:: Judicial Proceedings Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): October 1, 2014

History

Legislation History
Chamber House Calendar Date 2/05/2014 Legislative Date 2/06/2014 Action First Reading Environmental Matters Proceedings
Chamber House Calendar Date 2/07/2014 Legislative Date 2/07/2014 Action Hearing 2/20 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/03/2014 Legislative Date 3/03/2014 Action Favorable with Amendments Report by Environmental Matters Proceedings
Chamber House Calendar Date 3/03/2014 Legislative Date 3/03/2014 Action Favorable with Amendments {770513/1 Report Adopted Proceedings 39
Chamber House Calendar Date 3/03/2014 Legislative Date 3/03/2014 Action Second Reading Passed with Amendments Proceedings 39
Chamber House Calendar Date 3/06/2014 Legislative Date 3/06/2014 Action Third Reading Passed (135-0) Proceedings 42
Chamber Senate Calendar Date 3/07/2014 Legislative Date 3/07/2014 Action First Reading Judicial Proceedings Proceedings 41
Chamber Senate Calendar Date 3/11/2014 Legislative Date 3/11/2014 Action Hearing 3/19 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/31/2014 Legislative Date 4/01/2014 Action Favorable Report by Judicial Proceedings Proceedings
Chamber Senate Calendar Date 4/02/2014 Legislative Date 3/24/2014 Action Favorable Report Adopted Proceedings 58
Chamber Senate Calendar Date 4/02/2014 Legislative Date 3/24/2014 Action Second Reading Passed Proceedings 58
Chamber Senate Calendar Date 4/04/2014 Legislative Date 3/26/2014 Action Third Reading Passed (47-0) Proceedings 60
Chamber House Calendar Date 4/05/2014 Legislative Date 3/29/2014 Action Returned Passed Proceedings 65
Chamber Post Passage Calendar Date 5/15/2014 Legislative Date 5/15/2014 Action Approved by the Governor - Chapter 634 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/05/2014	2/06/2014	First Reading Environmental Matters
House	2/07/2014	2/07/2014	Hearing 2/20 at 1:00 p.m.
House	3/03/2014	3/03/2014	Favorable with Amendments Report by Environmental Matters
House	3/03/2014	3/03/2014	Favorable with Amendments {770513/1 Report Adopted	39
House	3/03/2014	3/03/2014	Second Reading Passed with Amendments	39
House	3/06/2014	3/06/2014	Third Reading Passed (135-0)	42
Senate	3/07/2014	3/07/2014	First Reading Judicial Proceedings	41
Senate	3/11/2014	3/11/2014	Hearing 3/19 at 1:00 p.m.
Senate	3/31/2014	4/01/2014	Favorable Report by Judicial Proceedings
Senate	4/02/2014	3/24/2014	Favorable Report Adopted	58
Senate	4/02/2014	3/24/2014	Second Reading Passed	58
Senate	4/04/2014	3/26/2014	Third Reading Passed (47-0)	60
House	4/05/2014	3/29/2014	Returned Passed	65
Post Passage	5/15/2014	5/15/2014	Approved by the Governor - Chapter 634

Documents

Date Posted	Document Name
3/03/2014	Amendments House - (Environmental Matters) {770513/01 Adopted
2/06/2014	Text - First - Real Property - Lien Priority of Refinance Mortgages - Escrow Costs
3/04/2014	Text - Third - Real Property - Lien Priority of Refinance Mortgages - Escrow Costs
5/20/2014	Text - Chapter - Real Property - Lien Priority of Refinance Mortgages - Escrow Costs
3/03/2014	Vote - House - Committee - Environmental Matters
3/31/2014	Vote - Senate - Committee - Judicial Proceedings
3/06/2014	Vote - House Floor - Third Reading Passed (135-0) - 03/06/14
3/26/2014	Vote - Senate Floor - Third Reading Passed (47-0) - 03/26/14

File Code

Subjects

Statutes