2008 Regular Session

SENATE BILL 216

CHAPTER NUMBER: 1
EMERGENCY BILL File Code: Real Property Crossfiled with: HOUSE BILL 365
Sponsored By:
Senator Pugh and the President (By Request - Administration) and Senators Currie, Della, Frosh, Gladden, Jones, Kelley, Lenett, Madaleno, Middleton, Muse, Pinsky, Raskin, Stone, and Forehand
Entitled:
Real Property - Recordation of Instruments Securing Mortgage Loans and Foreclosure of Mortgages and Deeds of Trust on Residential Property

Synopsis:

Requiring a mortgage, deed of trust, or other instrument securing a mortgage loan on residential property to contain specified information when recorded in the land records; prohibiting an action to foreclose a mortgage or deed of trust on residential property from being filed until the later of 90 days after default or 45 days after a notice of intent to foreclose is sent, except under specified circumstances; requiring personal service of a specified order or complaint, with specified exceptions; making the Act an emergency measure; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.
Senate Action
1/18
First Reading Judicial Proceedings
1/23
Hearing 2/5 at 1:00 p.m.
3/17
Favorable with Amendments Report by Judicial Proceedings
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/19
Third Reading Passed (45-0)
3/29
Senate Concur - House Amendments
Third Reading Passed (47-0)
Passed Enrolled
House Action
3/16
First Reading Environmental Matters
3/21
Hearing 3/25 at 1:00 p.m.
3/28
Favorable with Amendments Report by Environmental Matters
3/25
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/26
Third Reading Passed with Amendments (126-9)
Action after passage in Senate and House
4/3
Approved by the Governor
- Chapter 1

Sponsored by:

Senator Catherine E. Pugh, District 40
Administration
Senator Ulysses Currie, District 25
Senator George W. Della, Jr., District 46
Senator Jennie M. Forehand, District 17
Senator Brian E. Frosh, District 16
Senator Lisa A. Gladden, District 41
Senator Verna L. Jones, District 44
Senator Delores G. Kelley, District 10
Senator Mike Lenett, District 19
Senator Richard S. Madaleno, Jr., District 18
Senator Thomas M. Middleton, District 28
Senator C. Anthony Muse, District 26
Senator Paul G. Pinsky, District 22
President, The
Senator Jamie Raskin, District 20
Senator Norman R. Stone, Jr., District 6

Bill indexed under the following Subjects:

Clerks of Court
Consumer Protection -see also- Unfair Trade Practices
Financial Regulation, Division of
Foreclosure
Licenses -see also- Alcoholic Bev Lic; Drivers` Licenses
Mortgages
Notices
Penalties
Petitions
Process Serving
Real Property
Recordation
Rules and Regulations
Statutes of Limitation

Bill affects the following Statutes:

Real Property
( 3-104.1 , 7-105 , 7-105.1 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
Senate
Number: 268874/03     Offered on: March 17, 2008   at: 8:54 p.m.     Status: Adopted
House
Number: 130415/04     Offered on: March 28, 2008   at: 11:27 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 19, 2008: Third Reading Passed (45-0)
March 29, 2008: Third Reading Passed (47-0)
House
March 26, 2008: Third Reading Passed (126-9)