MD HB1045 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 15 2014 - 100% progression
Action: 2014-05-15 - Approved by the Governor - Chapter 634
Text: Latest bill text (Chaptered) [PDF]

Summary

Including escrow costs in a specified calculation to determine whether a refinance mortgage shall have, on recordation, the same lien priority as the first mortgage or deed of trust that the refinance mortgage replaces; defining "escrow costs" to mean money to pay specified costs associated with the real property secured by a refinance mortgage that a lender requires to be collected at closing and held in escrow; and applying the Act prospectively.

Tracking Information

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Title

Real Property - Lien Priority of Refinance Mortgages - Escrow Costs

Sponsors


Roll Calls

2014-03-26 - Senate - Senate Floor - Third Reading Passed (47-0) (Y: 47 N: 0 NV: 0 Abs: 0) [PASS]
2014-03-06 - House - House Floor - Third Reading Passed (135-0) (Y: 135 N: 0 NV: 1 Abs: 5) [PASS]

History

DateChamberAction
2014-05-15HouseApproved by the Governor - Chapter 634
2014-04-05HouseReturned Passed
2014-04-04SenateThird Reading Passed (47-0)
2014-04-02SenateSecond Reading Passed
2014-04-02SenateFavorable Report Adopted
2014-04-01SenateFavorable Report by Judicial Proceedings
2014-03-19SenateHearing 3/19 at 1:00 p.m.
2014-03-07SenateFirst Reading Judicial Proceedings
2014-03-06HouseThird Reading Passed (135-0)
2014-03-03HouseSecond Reading Passed with Amendments
2014-03-03HouseFavorable with Amendments {770513/1 Report Adopted
2014-03-03HouseFavorable with Amendments Report by Environmental Matters
2014-02-20HouseHearing 2/20 at 1:00 p.m.
2014-02-06HouseFirst Reading Environmental Matters

Subjects


Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/HB1045?ys=2014rs
Texthttps://mgaleg.maryland.gov/2014RS/bills/hb/hb1045f.pdf
Texthttps://mgaleg.maryland.gov/2014RS/bills/hb/hb1045t.pdf
Texthttps://mgaleg.maryland.gov/2014RS/Chapters_noln/CH_634_hb1045t.pdf
Amendmenthttps://mgaleg.maryland.gov/2014RS/amds/bil_0005/hb1045_77051301.pdf
Supplementhttps://mgaleg.maryland.gov/2014RS/fnotes/bil_0005/hb1045.pdf
Supplementhttps://mgaleg.maryland.gov/2014RS/votes_comm/hb1045_env.pdf
Supplementhttps://mgaleg.maryland.gov/2014RS/votes_comm/hb1045_jpr.pdf
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=hb1045,h-0253&stab=02&ys=2014RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=hb1045,s-0974&stab=02&ys=2014RS

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