Foreclosure Reform Bill scheduled for Senate Vote

04/30/2013 9:10 PM | Anonymous
4-30-13  The foreclosure bill has been withdrawn from its last Senate committee of reference and is scheduled for floor consideration on 5-2-13.  I'm told that procedurally this took a minor miracle. 

4-29-13   The Foreclosure Bill passed the full House of Representatives 87-26, and has been transmitted to the Senate.  The Senate counterpart remains stuck in its final committee of reference, which may present procedural issues for considering the house version. 

4-22-13  The Foreclosure bill was calendared for second reading in the House.  At this point, there are significant differences between the house and senate versions as regards the handling of senior judges.   Keep your fingers crossed. 

4-19-13   The referral of the Senate Companion to the Rules committee was withdrawn, shortening the path to becoming a law.  At this point it still has one remaining Senate Committee stop (appropriations), and scheduling may become difficult. 

4-17-13  Facing increasing opposition from consumer groups, Rep. Passidomo's Foreclosure reform bill was approved by the House appropriations committee 17-8

4-3-13   Because of the addition of the senior judges provisions, Rep. Passidomo's foreclosure bill was pulled from the house calendar and given an additional referral to the House Appropriations Committee, thus delaying final approval.

3-28-13  This morning the House Judiciary approved the Foreclosure bill posturing it to move on to the House Floor. 

On Wednesday afternoon 3-8-13, Rep. Passidomo's Foreclosure Reform bill (HB 87) was approved by the House Justice Appropriations Subcommittee by a 9-2 vote. 

It will now move to its third and final committee stop before the House Judiciary committee.

This is one of the bills that FLTA members advocated during the recent Lobby Days.

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