MD SB199 | 2013 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Passed on May 2 2013 - 100% progression
Action: 2013-05-02 - Approved by the Governor - Chapter 205
Text: Latest bill text (Chaptered) [PDF]

Summary

Authorizing a mortgagor or grantor to refinance the indebtedness secured by a first mortgage or deed of trust at a lower interest rate without obtaining permission from the holder of a junior lien under specified circumstances; providing that a refinance mortgage meeting the requirements of the Act shall have, on recordation, the same lien priority as the mortgage or deed of trust it replaces; requiring a specified statement to be included on a refinance mortgage; etc.

Tracking Information

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Title

Real Property - Refinance Mortgage - Priority over Junior Liens

Sponsors


Roll Calls

2013-04-02 - House - House Floor - Third Reading Passed (136-0) (Y: 136 N: 0 NV: 4 Abs: 1) [PASS]
2012-03-08 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2013-05-02SenateApproved by the Governor - Chapter 205
2013-04-08SenateReturned Passed
2013-04-08HouseThird Reading Passed (136-0)
2013-04-06HouseSecond Reading Passed
2013-04-06HouseFavorable Report Adopted
2013-04-06HouseFavorable Report by Environmental Matters
2013-04-04HouseHearing 4/04 at 1:00 p.m.
2013-03-08HouseFirst Reading Environmental Matters
2013-03-08SenateThird Reading Passed (45-0)
2013-03-06SenateSecond Reading Passed with Amendments
2013-03-06SenateFavorable with Amendments {638972/1 Report Adopted
2013-03-05SenateFavorable with Amendments Report by Judicial Proceedings
2013-01-31SenateHearing 1/31 at 1:00 p.m.
2013-01-18SenateFirst Reading Judicial Proceedings

Subjects


Maryland State Sources

TypeSource
Summaryhttps://mgaleg.maryland.gov/mgawebsite/Legislation/Details/SB0199?ys=2013rs
Texthttps://mgaleg.maryland.gov/2013RS/bills/sb/sb0199f.pdf
Texthttps://mgaleg.maryland.gov/2013RS/bills/sb/sb0199t.pdf
Texthttps://mgaleg.maryland.gov/2013RS/Chapters_noln/CH_205_sb0199t.pdf
Amendmenthttps://mgaleg.maryland.gov/2013RS/amds/bil_0009/sb0199_63897201.pdf
Supplementhttps://mgaleg.maryland.gov/2013RS/fnotes/bil_0009/sb0199.pdf
Supplementhttps://mgaleg.maryland.gov/2013RS/votes_comm/sb0199_jpr.pdf
Supplementhttps://mgaleg.maryland.gov/2013RS/votes_comm/sb0199_env.pdf
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0199,s-0452&stab=02&ys=2013RS
Roll Callhttps://mgaleg.maryland.gov/webmga/frmMain.aspx?pid=flrvotepage&tab=subject3&id=sb0199,h-1184&stab=02&ys=2013RS

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