RI S0388 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 5-0)
Status: Passed on July 7 2017 - 100% progression
Action: 2017-07-07 - Effective without Governor's signature
Text: Latest bill text (Comm Sub) [PDF]

Summary

Imposes a penalty of $300 per month up to an aggregate total of $2,000 upon financial institutions failing to promptly record foreclosure deeds and pay outstanding taxes. Most holders of a private mortgage would be exempt from the penalty requirements.

Tracking Information

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Title

Mortgage Foreclosure

Sponsors


Roll Calls

2017-06-27 - House - Passage in concurrence (Y: 70 N: 0 NV: 5 Abs: 0) [PASS]
2017-06-22 - Senate - Passage (Y: 33 N: 0 NV: 2 Abs: 2) [PASS]

History

DateChamberAction
2017-07-07SenateEffective without Governor's signature
2017-06-29SenateTransmitted to Governor
2017-06-27HouseHouse passed Sub A in concurrence
2017-06-24HousePlaced on the House Consent Calendar (06/27/2017)
2017-06-22SenateSenate passed Sub A
2017-06-20SenatePlaced on Senate Calendar (06/22/2017)
2017-06-20SenateCommittee recommends passage of Sub A
2017-06-16SenateScheduled for consideration (06/20/2017)
2017-03-30SenateCommittee recommended measure be held for further study
2017-03-28SenateScheduled for hearing and/or consideration (03/30/2017)
2017-03-02SenateIntroduced, referred to Senate Judiciary

Subjects


Rhode Island State Sources


Bill Comments

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