BILL · 2011–12 SESSION · LATEST VERSION SSB 6337
SB 6337: 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
- If a beneficiary accepts a seller's written offer for a short sale of residential real property and the seller reports this to the Internal Revenue Service, then the beneficiary or the assignee of the beneficiary may not bring an action or otherwise seek payment from the seller for the amount previously owed.
From the Senate Bill Report (Orig.) (SB 6337), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the Senate floor
- IntroducedJan 18, 2012
- Out of committeeFeb 1, 2012
- Passed Senatestopped here
- Passed House
- Governor
- Law
- Prime sponsor
- Senator (D-46)
- Introduced
- January 18, 2012 in the Senate
- Last action
- April 11, 2012
- Companion bill
- HB 2718
- Versions
- SB 6337, SSB 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: Senator (D-46)
3 co-sponsors (1 Democrat, 2 Republicans)
Votes
No recorded floor votes.
History
- By resolution, reintroduced and retained in present status. (SSB 6337)
- By resolution, reintroduced and retained in present status.
- By resolution, reintroduced and retained in present status. (SSB 6337)
- By resolution, reintroduced and retained in present status.
- Senate Rules "X" file. (SSB 6337)
- Senate Rules "X" file.
- Passed to Rules Committee for second reading. (SSB 6337)
- FIHI - Majority; 1st substitute bill be substituted, do pass. (SSB 6337)
- FIHI - Majority; 1st substitute bill be substituted, do pass.
- Passed to Rules Committee for second reading.
- First reading, referred to Financial Institutions, Housing & Insurance.
SB 6337 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6337 (2025–26) Less restrictive alt/schools
- SB 6337 (2019–20) Early retirement/TRS & SERS
- SB 6337 (2017–18) Medicaid payments/adult care
- SB 6337 (2015–16) Tax foreclosed prop./housing
- SB 6337 (2013–14) Education reforms/quality ed
- SB 6337 (2009–10) Inmate savings accounts
- SB 6337 (2007–08) Commercial salmon fishery
- SB 6337 (2005–06) Diking & drainage districts