IN SB0163 | 2018 | Regular Session

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Engrossed on January 24 2018 - 50% progression, died in committee
Action: 2018-02-06 - First reading: referred to Committee on Judiciary
Pending: House Judiciary Committee
Text: Latest bill text (Amended) [PDF]

Summary

Distributions from escrow accounts. Repeals a requirement that any funds that: (1) exceed $10,000 and are disbursed from an escrow account in connection with a real estate transaction; and (2) are received from a single party to the transaction; must be wired good funds. Makes a conforming amendment.

Tracking Information

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Title

Distributions from escrow accounts. Repeals a requirement that any funds that: (1) exceed $10,000 and are disbursed from an escrow account in connection with a real estate transaction; and (2) are received from a single party to the transaction; must be wired good funds. Makes a conforming amendment.

Sponsors


Roll Calls

2018-01-22 - Senate - Senate - Third reading (Y: 49 N: 0 NV: 0 Abs: 0) [PASS]
2018-01-11 - Senate - Senate - Committee Vote (Y: 6 N: 0 NV: 0 Abs: 4) [PASS]

History

DateChamberAction
2018-02-06HouseFirst reading: referred to Committee on Judiciary
2018-01-24SenateReferred to the House
2018-01-22SenateHouse sponsor: Representative Washburne
2018-01-22SenateThird reading: passed; Roll Call 33: yeas 49, nays 0
2018-01-18SenateSenator Zay added as second author
2018-01-18SenateSecond reading: ordered engrossed
2018-01-16SenateCommittee report: do pass, adopted
2018-01-03SenateFirst reading: referred to Committee on Commerce and Technology
2018-01-03SenateAuthored by Senator Messmer

Indiana State Sources


Bill Comments

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