Indiana Senate Bill 372 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 4-0)
Status: Passed on March 21 2016 - 100% progression
Action: 2016-03-21 - Public Law 54
Text: Latest bill text (Enrolled) [PDF]

Deficiency judgments and foreclosed property. Provides that the following statutes are not intended to provide the owner of real estate subject to the issuance of process under a judgment or decree of foreclosure any protection or defense against a deficiency judgment for purposes of the borrower protections from liability that must be disclosed on a specified form required by amendments to a federal rule concerning mortgage disclosures: (1) The statutes governing the payoff of, and short sales involving: (A) first lien mortgage transactions; and (B) consumer credit sales and consumer loans under the uniform consumer credit code. (2) The statute

Deficiency judgments and foreclosed property. Provides that the following statutes are not intended to provide the owner of real estate subject to the issuance of process under a judgment or decree of foreclosure any protection or defense against a deficiency judgment for purposes of the borrower protections from liability that must be disclosed on a specified form required by amendments to a federal rule concerning mortgage disclosures: (1) The statutes governing the payoff of, and short sales involving: (A) first lien mortgage transactions; and (B) consumer credit sales and consumer loans under the uniform consumer credit code. (2) The statute

Sen. Rodric Bray [R]

Sen. Travis Holdman [R]

Rep. Thomas Washburne [R]

Rep. John Price [R]

2016-03-01 - Senate - Senate - Senate concurred in House Amendments (Y: 50 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-23 - House - House - Third reading (Y: 94 N: 2 NV: 3 Abs: 1) [PASS]
2016-02-17 - House - House - Committee Vote (Y: 11 N: 0 NV: 0 Abs: 1) [PASS]
2016-02-01 - Senate - Senate - Third reading (Y: 50 N: 0 NV: 0 Abs: 0) [PASS]
2016-01-25 - Senate - Senate - Committee Vote (Y: 6 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2016-03-21	Senate	Public Law 54
2016-03-21	Senate	Signed by the Governor
2016-03-14	Senate	Signed by the President of the Senate
2016-03-09	House	Signed by the Speaker
2016-03-02	Senate	Signed by the President Pro Tempore
2016-03-01	Senate	Senate concurred in House Amendments; Roll Call 311: yeas 50, nays 0
2016-02-24	Senate	Motion to concur filed
2016-02-24	House	Returned to the Senate with amendments
2016-02-23	House	Third reading: passed; Roll Call 233: yeas 94, nays 2
2016-02-22	House	Second reading: ordered engrossed
2016-02-18	House	Committee report: amend do pass, adopted
2016-02-09	House	First reading: referred to Committee on Financial Institutions
2016-02-02	Senate	Referred to the House
2016-02-01	Senate	Senator Holdman added as second author
2016-02-01	Senate	Cosponsor: Representative Price
2016-02-01	Senate	House sponsor: Representative Washburne
2016-02-01	Senate	Third reading: passed; Roll Call 117: yeas 50, nays 0
2016-01-28	Senate	Second reading: ordered engrossed
2016-01-26	Senate	Committee report: do pass, adopted
2016-01-11	Senate	First reading: referred to Committee on Civil Law
2016-01-11	Senate	Authored by Senator Bray

Type	Source
Summary	https://iga.in.gov/legislative/2016/bills/senate/372/details
Text	http://iga.in.gov/static-documents/d/5/5/1/d551b94f/SB0372.01.INTR.pdf
Text	http://iga.in.gov/static-documents/f/1/d/b/f1db2fcd/SB0372.01.INTR.pdf
Text	http://iga.in.gov/static-documents/c/c/1/8/cc180d83/SB0372.02.COMS.pdf
Text	http://iga.in.gov/static-documents/3/6/a/e/36aea2f3/SB0372.02.COMS.pdf
Text	http://iga.in.gov/static-documents/0/a/2/8/0a283af9/SB0372.03.COMH.pdf
Text	http://iga.in.gov/static-documents/c/1/9/1/c1910208/SB0372.03.COMH.pdf
Text	http://iga.in.gov/static-documents/f/c/4/4/fc4408e8/SB0372.04.ENRH.pdf
Roll Call	http://iga.in.gov/static-documents/f/8/7/6/f8762214/SB0372.01.INTR.pdf
Roll Call	http://iga.in.gov/static-documents/6/c/e/6/6ce6cf0d/SB0372.117.pdf
Roll Call	http://iga.in.gov/static-documents/7/a/0/8/7a0893b0/SB0372.02.COMS.pdf
Roll Call	http://iga.in.gov/static-documents/e/b/5/0/eb507757/SB0372.233.pdf
Roll Call	http://iga.in.gov/static-documents/f/9/6/8/f9680337/SB0372.311.pdf