HOUSE BILL 1288

Sponsored By:

Delegate Carter

Entitled:

Foreclosure Prevention and Neighborhood Stabilization Act of 2012

Synopsis:

Requiring a secured party to file a specified request for foreclosure mediation at one of two points in a specified foreclosure proceeding; requiring the court to stay foreclosure proceedings until the conclusion of foreclosure mediation under specified circumstances; requiring the Department of Housing and Community Development to establish and maintain a Foreclosed Property Registry; establishing a tax credit for the purchase of residential property in a foreclosure hotspot; etc.

History by Legislative and Calendar Date

House Action

2/15

First Reading House Rules and Executive Nominations

2/27

Re-referred Environmental Matters

2/28

Hearing 3/15 at 1:00 p.m.

3/20

Unfavorable Report by Environmental Matters

Senate Action

No Action

Bill indexed under the following Subjects:

Administrative Hearings, Office of

Community Development

Courts -see also- Circuit; Appeals; District; Orphans'; etc.

Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.

Fines -see also- Penalties and Sentences

Foreclosure

Housing and Community Development, Department of

Mediation -see also- Arbitration

Mortgages

Notices

Penalties and Sentences -see also- Death Penalty

Real Property

Registration -see also- Motor Vehicle Registration

Reports

Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Real Property

( 7-105.1 , 14-126 )

Tax - Property

( 9-110 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments: None offered

Committee Votes :

House

Environmental Matters