SENATE BILL 206

Sponsored By:

Senator Frosh

Entitled:

Real Property - Residential Property Foreclosure Procedures - Secured Party

Synopsis:

Defining the term "secured party" for purposes of provisions of law governing actions to foreclose mortgages and deeds of trust on residential property.

History by Legislative and Calendar Date

Senate Action

1/26

First Reading Judicial Proceedings

2/2

Hearing 2/16 at 1:00 p.m.

3/21

Favorable with Amendments Report by Judicial Proceedings

3/22

Favorable with Amendments

Laid Over (Senator Kittleman) Adopted

3/23

Favorable with Amendments

Committee Amendment Adopted

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/25

Third Reading Passed (46-0)

House Action

3/24

First Reading Environmental Matters

3/30

Hearing 4/7 at 1:00 p.m.

Bill indexed under the following Subjects:

Electronic Commerce -see also- Electronic Funds Transfer

Foreclosure

Housing -see also- Apartments; Condominiums; Mobile Homes

Mortgages

Real Property

Records -see also- Land Records; Vital Records

Registration -see also- Motor Vehicle Registration

Security Interests -see also- Liens; Mechanics' Liens

Bill affects the following Statute:

Real Property

( 7-105.1 )

Documents

Bill Text: First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Available

Amendments:

Senate

Number: 178771/01     Offered on: March 23, 2011   at: 10:40 a.m.     Status: Adopted

Committee Votes :

Senate

Judicial Proceedings

Roll Call Vote (Legislative date is shown):

Senate

March 25, 2011: Third Reading Passed (46-0)