BILL · 2017–18 SESSION · LATEST VERSION SSB 6005
SB 6005: Lienholders' interests
Protecting lienholders' interests while retaining consumer protections.
Summary
- Provides that surplus funds from a tax foreclosure sale must be distributed to the those with a lien or a recorded interest in the property, rather than the record owner.
- Provides that the Uniform Unclaimed Property Act's limitation on fees charged for locating unclaimed tax foreclosure proceeds only applies to charging a fee to natural persons who were the record owner of the property at the time the certificate of delinquency was issued.
- Requires the treasurers of the five largest counties in the state to file a report with the Legislature regarding surplus funds from tax foreclosures.
From the Senate Bill Report (SB 6005), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the Senate floor
- IntroducedJan 8, 2018
- Out of committeeJan 26, 2018
- Passed Senatestopped here
- Passed House
- Governor
- Law
- Prime sponsor
- Mark Mullet (D-5)
- Introduced
- January 8, 2018 in the Senate
- Last action
- February 22, 2018
- Companion bill
- HB 2265
- Budget
- Has a fiscal note
- Versions
- SB 6005, SSB 6005
AN ACT Relating to protecting lienholders' interests while retaining consumer protections;
Sponsors
Prime sponsor: Mark Mullet (D-5)
6 co-sponsors (3 Democrats, 3 Republicans)
Votes
No recorded floor votes.
History
- Senate Rules "X" file. (SSB 6005)
- Senate Rules "X" file.
- Passed to Rules Committee for second reading. (SSB 6005)
- Passed to Rules Committee for second reading.
- FI - Majority; 1st substitute bill be substituted, do pass. (SSB 6005)
- Minority; do not pass. (SSB 6005)
- Minority; without recommendation. (SSB 6005)
- Minority; without recommendation.
- Minority; do not pass.
- FI - Majority; 1st substitute bill be substituted, do pass.
- First reading, referred to Financial Institutions & Insurance.
- Prefiled for introduction.
SB 6005 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6005 (2025–26) Transportation budget, supp.
- SB 6005 (2023–24) Solid waste management
- SB 6005 (2019–20) Revenue T.O.
- SB 6005 (2015–16) Retirement/max compensation
- SB 6005 (2013–14) Human resources director
- SB 6005 (2011–12) Auto repair/written estimate
- SB 6005 (2009–10) State ferry vessels
- SB 6005 (2007–08) Interpreter services