BILL · 2013–14 SESSION

HB 2723: Foreclosures

Modifying certain provisions governing foreclosures.

Summary

  • Amends the Foreclosure Fairness Act to:
  • provide that the location of the pre-foreclosure meeting and mediation is the county in which the property is located, rather than where the borrower resides;
  • require registered or certified mail, return receipt requested, in addition to first-class mail for notices of pre-foreclosure options;
  • modify the foreclosure loss mitigation form to include more specific information about what transpired with respect to any meet and confer process that occurred;
  • define, for purposes of the mediation program, owner-occupied residential real property to include residential real property of up to four units;
  • permit the Department of Commerce to authorize mediator fees;

From the House Bill Report (HB 2723), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 164, Laws of 2014
  1. IntroducedJan 28, 2014
  2. Out of committeeFeb 11, 2014
  3. Passed HouseFeb 13, 2014
  4. Passed SenateMar 7, 2014
  5. GovernorMar 31, 2014
  6. LawMar 31, 2014
Prime sponsor
Mia Gregerson (D-33)
Introduced
January 28, 2014 in the House
Last action
March 31, 2014
Session law
Chapter 164, Laws of 2014
Companion bill
SB 6507
Budget
Has a fiscal note

AN ACT Relating to foreclosures;

Sponsors

Votes

House · Final Passage

Passed February 13, 2014
Version voted on: HB 2723
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat55000
Republican43000
How each member voted

Yea (98)

Senate · 3rd Reading & Final Passage

Passed March 7, 2014
Version voted on: HB 2723
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat25000
Republican24000
How each member voted

History

  1. Effective date 6/12/2014.
  2. Chapter 164, 2014 Laws.
  3. Governor signed.
  4. President signed.
  5. Delivered to Governor.
  6. Speaker signed.
  7. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Passed to Rules Committee for second reading.
  11. FIHI - Majority; do pass.
  12. First reading, referred to Financial Institutions, Housing & Insurance.
  13. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0.
  14. Rules suspended. Placed on Third Reading.
  15. Placed on second reading by Rules Committee.
  16. Passed to Rules Committee for second reading.
  17. APPG - Executive action taken by committee.
  18. APPG - Majority; do pass.
  19. Referred to Appropriations Subcommittee on General Government & Information Technology.
  20. JUDI - Executive action taken by committee.
  21. JUDI - Majority; do pass.
  22. First reading, referred to Judiciary (Not Officially read and referred until adoption of Introduction report).

HB 2723 in other sessions

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

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