WA People
BILL · 2007–08 SESSION

HB 2791: Distressed property

Concerning distressed property conveyances. (REVISED FOR PASSED LEGISLATURE: Concerning distressed home conveyances. )

Summary

  • Creates provisions governing conveyances between purchasers and homeowners whose properties are in foreclosure or at a risk of loss due to loan or tax delinquencies.
  • Requires distressed property conveyances to be by written contract with a right of cancellation.
  • Prohibits certain acts and practices by distressed property purchasers and provides remedies under the Consumer Protection Act.

From the House Bill Report (HB 2791), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 278, Laws of 2008
  1. IntroducedJan 16, 2008
  2. Out of committeeFeb 5, 2008
  3. Passed HouseFeb 6, 2008
  4. Passed SenateMar 6, 2008
  5. GovernorMar 31, 2008
  6. LawApr 1, 2008
Prime sponsor
Patricia Lantz (D-26)
Introduced
January 16, 2008 in the House
Last action
April 1, 2008
Session law
Chapter 278, Laws of 2008
Requested by
State agency
Companion bill
SB 6431
Budget
Has a fiscal note

AN ACT Relating to distressed property conveyances;

Sponsors

Prime sponsor: Patricia Lantz (D-26)

2 co-sponsors (1 Democrat, 1 Republican)

Jay Rodne R-5Troy Kelley D-28

Votes

House · Final Passage

Passed February 6, 2008
Version voted on: HB 2791
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat63000
Republican33002
How each member voted

Yea (96)

Excused (2)

Permalink to this vote

Senate · 3rd Reading & Final Passage as Amended by the Senate

Passed March 6, 2008
Version voted on: HB 2791
39 Yea 6 Nay 1 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat28013
Republican11600
How each member voted

Absent (1)

Permalink to this vote

Senate · Final Passage as Amended by the Senate

Passed March 11, 2008
Version voted on: HB 2791
46 Yea 3 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat32000
Republican14300
How each member voted

Yea (46)

Nay (3)

Permalink to this vote

House · Final Passage as Amended by the Senate

Passed March 12, 2008
Version voted on: HB 2791
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat63000
Republican34001
How each member voted

Yea (97)

Excused (1)

Permalink to this vote

History

  1. Effective date 6/12/2008.
  2. Chapter 278, 2008 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Passed final passage; yeas, 97; nays, 0; absent, 0; excused, 1.
  8. House concurred in Senate amendments.
  9. Rules suspended. Placed on Third Reading.
  10. Floor amendment(s) adopted.
  11. Returned to second reading for amendment.
  12. Rules suspended.
  13. Senate receded from amendments.
  14. Third reading, passed; yeas, 46; nays, 3; absent, 0; excused, 0.
  15. House refuses to concur in Senate amendments. Asks Senate to recede from amendments.
  16. Third reading, passed; yeas, 39; nays, 6; absent, 1; excused, 3.
  17. Rules suspended. Placed on Third Reading.
  18. Floor amendment(s) adopted.
  19. Committee amendment not adopted.
  20. Placed on second reading by Rules Committee.
  21. Passed to Rules Committee for second reading.
  22. Minority; without recommendation.
  23. CPH - Majority; do pass with amendment(s).
  24. First reading, referred to Consumer Protection & Housing.
  25. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2.
  26. Rules suspended. Placed on Third Reading.
  27. Placed on second reading.
  28. JUDI - Majority; do pass.
  29. JUDI - Executive action taken by committee.
  30. First reading, referred to Judiciary.

HB 2791 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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