HOUSE BILL 1447

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)