DE SB245 | 2023-2024 | 152nd General Assembly

Status

Spectrum: Partisan Bill (Democrat 20-0)
Status: Enrolled on June 30 2024 - 75% progression
Action: 2024-06-30 - Passed By House. Votes: 40 YES 1 ABSENT
Text: Latest bill text (Draft #2) [HTML]

Summary

The Office of Foreclosure Prevention and Financial Education and the Residential Mortgage Foreclosure Mediation Program were created in the wake of the 2008 financial crisis to assist homeowners at risk of foreclosure or already navigating the foreclosure process. Originally intended as temporary programs, the need for these programs is as critical as ever for those facing the loss of their homes. The programs have proven to be important resources in preserving home ownership and educating homeowners on their rights and responsibilities in times of economic contraction and in times of economic expansion. As a result of their successes, the General Assembly has extended the programs multiple times. It is clear that the need for these programs will continue for the foreseeable future. In recognition of this reality, this Act removes the expiration dates from the programs.

Tracking Information

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Title

An Act To Amend Titles 10 And 29 Of The Delaware Code Relating To Residential Mortgage Foreclosure And The Office Of Foreclosure Prevention And Financial Education.

Sponsors


Roll Calls

2024-06-30 - House - House Third Reading (Y: 40 N: 0 NV: 0 Abs: 1) [PASS]
2024-05-16 - Senate - Senate Third Reading (Y: 20 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2024-06-30 Passed By House. Votes: 40 YES 1 ABSENT
2024-06-20 Reported Out of Committee (Appropriations) in House with 5 On Its Merits
2024-06-13 Assigned to Appropriations Committee in House
2024-06-12 Reported Out of Committee (Judiciary) in House with 1 Favorable, 9 On Its Merits
2024-05-21 Assigned to Judiciary Committee in House
2024-05-16 Passed By Senate. Votes: 20 YES 1 ABSENT
2024-05-15 Reported Out of Committee (Finance) in Senate with 6 On Its Merits
2024-04-23 Adopted in lieu of the original bill SB 245, and Assigned to Finance Committee in Senate

Delaware State Sources


Bill Comments

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