SB0850 (CH0561)

Find a 2014 Bill:

2014 Regular Session



Real Property - Prohibition on Acquiring Mortgages or Deeds of Trust by Condemnation and Related Study

Sponsored by:

Senator Conway


Approved by the Governor - Chapter 561

Synopsis:Prohibiting the State or any of its instrumentalities or political subdivisions from acquiring mortgages or deeds of trust by condemnation during the period between June 1, 2014, and May 30, 2016; requiring the Department of Housing and Community Development to conduct a study to identify and evaluate methods, including the use of eminent domain by local governments, for restoring equity to specified homeowners who have been unable to obtain mortgage loan modifications to enable them to keep their homes; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senator Conway
Additional Facts:Cross-filed with: HB1346
Bill File Type: Regular
Effective Date(s): June 1, 2014
Judicial Proceedings   View Committee HearingEnvironmental Matters   View Committee Hearing
Broad Subject(s):Real Property
Narrow Subject(s):Condemnation
Counties -see also- Chartered Counties; Code Counties
Housing and Community Development, Department of
Municipal Corporations -see also- Annap; Balt; Hager; OC
Public Information

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Explanation of Floor Motions and Actions

October 2, 2015 9:05 A.M.