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Legislation


2008 Regular Session

SENATE BILL 218

EMERGENCY BILL File Code: Real Property Crossfiled with: HOUSE BILL 361
Sponsored By:
The President (By Request - Administration) and Senators Currie, Della, Gladden, Jones, Kelley, Lenett, Madaleno, Middleton, Muse, Pinsky, Pugh, Raskin, Stone, Frosh, Brochin, Forehand, Haines, Jacobs, Mooney, and Simonaire
Entitled:
Protection of Homeowners in Foreclosure - Prohibition on Foreclosure Rescue Transactions - Enforcement

Synopsis:

Altering the applicability of specified provisions relating to the protection of homeowners in foreclosure; altering the contents of a foreclosure consulting contract; prohibiting a foreclosure consultant from engaging in or arranging a foreclosure rescue transaction or receiving a commission or money under specified circumstances; requiring a foreclosure consultant to be licensed as a real estate broker and to provide research on the value of a home to a homeowner; 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. (Judicial Proceedings)
3/17
Favorable with Amendments Report by Judicial Proceedings
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/19
Third Reading Passed (46-0)
3/31
Returned Passed
House Action
3/16
First Reading Environmental Matters & Economic Matters
3/21
Hearing 3/25 at 1:00 p.m. (Environmental Matters)
3/25
Hearing 3/27 at 1:00 p.m. (Economic Matters)
4/2
Favorable Report by Environmental Matters
3/27
Favorable Report Adopted
Second Reading Passed
3/28
Third Reading Passed (132-7)
Action after passage in Senate and House
4/3
Approved by the Governor
- Chapter 5

Sponsored by:

President, The
Administration
Senator James Brochin, District 42
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 Larry E. Haines, District 5
Senator Nancy Jacobs, District 34
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 Alexander X. Mooney, District 3
Senator C. Anthony Muse, District 26
Senator Paul G. Pinsky, District 22
Senator Catherine E. Pugh, District 40
Senator Jamie Raskin, District 20
Senator Bryan W. Simonaire, District 31
Senator Norman R. Stone, Jr., District 6

Bill indexed under the following Subjects:

Agents and Brokers
Appraisals
Attorney General
Consumer Protection -see also- Unfair Trade Practices
Contracts -see also- Land Installment Contracts; Procurement
Crimes and Punishments -see also- Penalties; Sentences; etc.
Disclosure
Financial Regulation, Division of
Foreclosure
Landlord and Tenant -see also- Eviction; Leases & Rent; etc.
Leases and Rent
Licenses -see also- Alcoholic Bev Lic; Drivers` Licenses
Mortgages
Notices
Penalties
Real Estate -see also- Agents and Brokers
Real Property
State`s Attorneys
Unfair Trade Practices

Bill affects the following Statutes:

Commercial Law
( 13-301 , 13-301 )
Real Property
( 7-301 , 7-302 , 7-305 , 7-306 , 7-307 , 7-308 , 7-309 , 7-310 , 7-310 , 7-311 , 7-313 , 7-314 , 7-315 , 7-318 , 7-318.1 , 7-319 , 7-320 , 7-321 , 7-322 , 7-325 )

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: 598174/01     Offered on: March 17, 2008   at: 9:00 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 19, 2008: Third Reading Passed (46-0)
House
March 28, 2008: Third Reading Passed (132-7)
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