VA HB2099 | 2021 | Regular Session
Status
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Engrossed on January 26 2021 - 50% progression, died in chamber
Action: 2021-02-05 - Continued to 2021 Sp. Sess. 1 in Judiciary (14-Y 0-N)
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on January 26 2021 - 50% progression, died in chamber
Action: 2021-02-05 - Continued to 2021 Sp. Sess. 1 in Judiciary (14-Y 0-N)
Text: Latest bill text (Amended) [HTML]
Summary
Limitations on enforcement of judgments; judgment liens; settlement agents. Reduces from 20 years to 10 years from the date of a judgment the period of time within which an execution may be issued or action may be taken on such judgment. The bill provides that the limitation of the enforcement of a judgment may be extended by a recordation of a certificate prior to the expiration period in the clerk's office in which a judgment lien is recorded. The bill provides that such recordation shall extend the limitations period for 10 years from the date of such recordation. Under current law, such limitation period may be extended on motion of the judgment creditor or his assignee. The bill allows a settlement agent or title insurance company to release a judgment lien, in addition to a deed of trust as provided under current law, provided that the obligation secured by such judgment lien has been satisfied by payment made by the settlement agent and whether or not the settlement agent or title insurance company is named as a trustee under such lien or received authority to release such lien. The bill has a delayed effective date of January 1, 2022. Limitations on enforcement of judgments; judgment liens; settlement agents. Reduces from 20 years to 10 years from the date of a judgment the period of time within which an execution may be issued or action may be taken on such judgment. The bill provides that the limitation of the enforcement of a judgment may be extended by a recordation of a certificate prior to the expiration period in the clerk's office in which a judgment lien is recorded. The bill provides that such recordation shall extend the limitations period for 10 years from the date of such recordation. Under current law, such limitation period may be extended on motion of the judgment creditor or his assignee. The bill allows a settlement agent or title insurance company to release a judgment lien, in addition to a deed of trust as provided under current law, provided that the obligation secured by such judgment lien has been satisfied by payment made by the settlement agent and whether or not the settlement agent or title insurance company is named as a trustee under such lien or received authority to release such lien. The bill has a delayed effective date of January 1, 2022.
Title
Judgments; limitations on enforcement, judgment liens, settlement agents, effective date.
Sponsors
Roll Calls
2021-02-05 - Senate - Senate: Continued to 2021 Sp. Sess. 1 in Judiciary (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2021-01-27 - House - House: VOTE: Passage (100-Y 0-N) (Y: 100 N: 0 NV: 0 Abs: 0) [PASS]
2021-01-22 - House - House: Reported from Courts of Justice with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2021-01-20 - House - House: Subcommittee recommends reporting with substitute (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2021-01-27 - House - House: VOTE: Passage (100-Y 0-N) (Y: 100 N: 0 NV: 0 Abs: 0) [PASS]
2021-01-22 - House - House: Reported from Courts of Justice with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2021-01-20 - House - House: Subcommittee recommends reporting with substitute (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2021-02-05 | Senate | Continued to 2021 Sp. Sess. 1 in Judiciary (14-Y 0-N) |
| 2021-01-28 | Senate | Referred to Committee on the Judiciary |
| 2021-01-28 | Senate | Constitutional reading dispensed |
| 2021-01-27 | House | VOTE: Passage (100-Y 0-N) |
| 2021-01-27 | House | Read third time and passed House (100-Y 0-N) |
| 2021-01-26 | House | Engrossed by House - floor substitute HB2099H3 |
| 2021-01-26 | House | Substitute by Delegate Coyner agreed to 21103747D-H3 |
| 2021-01-26 | House | Committee substitute rejected 21103259D-H1 |
| 2021-01-26 | House | Read second time |
| 2021-01-26 | House | Floor substitute printed 21103747D-H3 (Coyner) |
| 2021-01-25 | House | Read first time |
| 2021-01-25 | House | Floor substitute printed 21103614D-H2 (Coyner) |
| 2021-01-22 | House | Committee substitute printed 21103259D-H1 |
| 2021-01-22 | House | Reported from Courts of Justice with substitute (22-Y 0-N) |
| 2021-01-20 | House | Subcommittee recommends reporting with substitute (8-Y 0-N) |
| 2021-01-19 | House | Assigned Courts sub: Civil |
| 2021-01-12 | House | Referred to Committee for Courts of Justice |
| 2021-01-12 | House | Prefiled and ordered printed; offered 01/13/21 21102732D |
