2004 Regular Session

HOUSE BILL 1447

CHAPTER NUMBER: 421 File Code: Commercial Law - Credit Regulation
Sponsored By:
Delegate Minnick
Entitled:
Mortgages and Deeds of Trust - Flood Insurance

Synopsis:

Providing that a lender may not require a borrower to provide or purchase flood insurance in an amount exceeding the value of improvements on real property under specified circumstances; etc.

History by Legislative Date

House Action
2/25
First Reading House Rules and Executive Nominations
3/8
Re-referred Economic Matters
3/9
Hearing 3/16 at 1:00 p.m.
3/24
Favorable with Amendments Report by Economic Matters
3/25
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/26
Third Reading Passed (141-0)
4/8
Returned Passed
5/11
Signed by the Governor Chapter 421
Senate Action
3/29
First Reading Finance & Judicial Proceedings
3/30
Hearing 4/7 at 1:00 p.m.
4/10
Favorable Report by Finance
4/8
Favorable Report Adopted
Second Reading Passed
4/9
Third Reading Passed (47-0)
Bill indexed under the following Subjects:
APPRAISALS
FINANCIAL INSTITUTIONS -see also- BANKS; CREDIT UNIONS; etc.
FLOOD CONTROL
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
MORTGAGES
REAL PROPERTY
Bill affects the following Statute:
Commercial Law
( 12-124 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 713097/01 (PDF)     Offered on: March 25, 2004   at: 10:19 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 26, 2004: Third Reading Passed (141-0)
Senate
April 9, 2004: Third Reading Passed (47-0)