BILL · 1999–00 SESSION
HB 2697: Mortgage escrow accounts
Paying interest on mortgage escrow accounts.
Summary
- Provides that, beginning January 1, 2001, every lender who collects funds under a residential real estate loan agreement for deposit in a mortgage escrow account shall pay interest to the borrower at a rate not less than the discount rate. Interest shall be computed on the average monthly balance in the escrow account and shall be paid by crediting the escrow account the amount due at least quarterly.
From the Bill Digest (HB 2697), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 18, 2000
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Brad Benson (R-6)
- Introduced
- January 18, 2000 in the House
- Last action
- January 18, 2000
Sponsors
Votes
No recorded floor votes. This measure never reached a floor vote.
History
The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.
HB 2697 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 2697 (2025–26) Historic preserv. prop. tax
- HB 2697 (2019–20) Noxious weeds
- HB 2697 (2017–18) Workers' comp/liquor & drugs
- HB 2697 (2015–16) Campaign finance reporting
- HB 2697 (2013–14) Weighted GPA for high school
- HB 2697 (2011–12) City disability boards
- HB 2697 (2009–10) Real estate broker licensure
- HB 2697 (2007–08) Marine transfer rules