BILL · 2011–12 SESSION

HB 2718: Short sale sellers

Protecting short sale sellers from payment of forgiven home loan debt if such debt forgiveness is reported to the internal revenue service.

Summary

  • Provides protection, under certain circumstances, to short sale sellers from payment of forgiven home loan debt.

From the Bill Digest (HB 2718), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 26, 2012
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Andy Billig (D-3)
Introduced
January 26, 2012 in the House
Last action
April 11, 2012
Companion bill
SB 6337

AN ACT Relating to protecting short sale sellers from payment of forgiven home loan debt if such debt forgiveness is reported to the internal revenue service;

Sponsors

Prime sponsor: Andy Billig (D-3)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Judiciary.

HB 2718 in other sessions

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

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