VA HB1399 | 2015 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on December 17 2014 - 25% progression, died in committee
Action: 2015-02-10 - Left in Commerce and Labor
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on December 17 2014 - 25% progression, died in committee
Action: 2015-02-10 - Left in Commerce and Labor
Pending: House Commerce and Labor Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Escrow accounts for flood insurance. Requires a lender, upon written request by the borrower, to establish and maintain an escrow account for flood insurance premiums. The requirement applies to loans secured by certain residential real estate in Virginia. In addition, the requirement applies only if the lender has established escrow accounts for taxes, hazard insurance, fees, or other charges with respect to property securing the loan.
Title
Flood insurance; escrow accounts.
Sponsors
Del. Sam Rasoul [D] |
Roll Calls
2015-01-27 - House - House: Subcommittee failed to recommend reporting (2-Y 7-N) (Y: 2 N: 8 NV: 1 Abs: 0) [FAIL]
History
Date | Chamber | Action |
---|---|---|
2015-02-10 | House | Left in Commerce and Labor |
2015-01-27 | House | Subcommittee failed to recommend reporting (2-Y 7-N) |
2015-01-20 | House | Assigned C & L sub: Subcommittee #1 |
2014-12-17 | House | Referred to Committee on Commerce and Labor |
2014-12-17 | House | Prefiled and ordered printed; offered 01/14/15 15100659D |