HI SB2329 | 2016 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 9-0)
Status: Engrossed on March 8 2016 - 50% progression, died in committee
Action: 2016-03-24 - Report adopted. referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Kawakami, Kong, Oshiro, Tokioka, Tupola, Woodson excused (6).
Pending: House Finance Committee
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on March 8 2016 - 50% progression, died in committee
Action: 2016-03-24 - Report adopted. referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Kawakami, Kong, Oshiro, Tokioka, Tupola, Woodson excused (6).
Pending: House Finance Committee
Text: Latest bill text (Amended) [HTML]
Summary
Requires a mortgagee or record assignee to provide to a mortgagor or borrower, upon full satisfaction of the mortgage and discharge of the secured debt, a reassignment or release of security interests in leases and rents that served as additional security for the mortgage. Authorizes title insurers or underwritten title companies to make demands on mortgagees and, in the absence of compliance, to reassign or release mortgagees' security interests in leases and rents on behalf of the mortgagee or record assignee, under certain conditions. Authorizes certain entities to institute an action in any circuit court to obtain the release or reassignment instrument in the absence of compliance of a mortgagee or record assignee. (SB2329 HD2)
Title
Security Interests; Reassignment or Release of Security Interests; Leases and Rents
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-03-24 | House | Report adopted. referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Kawakami, Kong, Oshiro, Tokioka, Tupola, Woodson excused (6). |
2016-03-24 | House | Reported from CPC (Stand. Com. Rep. No. 1260-16) as amended in HD 2, recommending referral to FIN. |
2016-03-23 | House | The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 14 Ayes: Representative(s) McKelvey, Woodson, Belatti, Brower, Creagan, Har, Hashem, C. Lee, Nakashima, San Buenaventura, Takayama, Yamane, Fukumoto Chang, McDermott; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Kawakami, Oshiro. |
2016-03-22 | House | Bill scheduled for decision making on Wednesday, 03-23-16 2:00PM in conference room 325. |
2016-03-21 | House | The committee(s) on CPC recommend(s) that the measure be deferred until 03-23-16 at 2:00 PM. |
2016-03-18 | House | Bill scheduled to be heard by CPC on Monday, 03-21-16 3:00PM in House conference room 325. |
2016-03-16 | House | Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Kong excused (1). |
2016-03-16 | House | Reported from WAL (Stand. Com. Rep. No. 1039-16) as amended in HD 1, recommending passage on Second Reading and referral to CPC. |
2016-03-14 | House | The committees on WAL recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Yamane, Cullen, Evans, C. Lee, Nishimoto, Pouha, Thielen; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Ing, Lowen, Say. |
2016-03-11 | House | Bill scheduled to be heard by WAL on Monday, 03-14-16 10:00AM in House conference room 325. |
2016-03-10 | House | Referred to WAL, CPC, FIN, referral sheet 26 |
2016-03-10 | House | Pass First Reading |
2016-03-08 | House | Received from Senate (Sen. Com. No. 141) in amended form (SD 1). |
2016-03-08 | Senate | Report adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Senator(s) Riviere). Transmitted to House. |
2016-03-04 | Senate | One Day Notice 03-08-16. |
2016-03-04 | Senate | Reported from JDL (Stand. Com. Rep. No. 2687) with recommendation of passage on Third Reading. |
2016-03-01 | Senate | The committee(s) on JDL recommend(s) that the measure be PASSED, UNAMENDED. The votes in JDL were as follows: 4 Aye(s): Senator(s) Keith-Agaran, Shimabukuro, L. Thielen, Slom; Aye(s) with reservations: none ; 0 No(es): none; and 3 Excused: Senator(s) Gabbard, K.Kahele, Kim. |
2016-02-26 | Senate | The committee(s) on JDL will hold a public decision making on 03-01-16 9:05AM in conference room 016. |
2016-02-05 | Senate | Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDL. |
2016-02-05 | Senate | Reported from CPH (Stand. Com. Rep. No. 2045) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDL. |
2016-02-01 | Senate | The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 6 Aye(s): Senator(s) Baker, Kidani, Espero, Ihara, Nishihara, Slom; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Ruderman. |
2016-01-28 | Senate | The committee(s) on CPH has scheduled a public hearing on 02-01-16 9:00AM in conference room 229. |
2016-01-25 | Senate | Referred to CPH, JDL. |
2016-01-25 | Senate | Passed First Reading. |
2016-01-22 | Senate | Introduced. |
Same As/Similar To
HB1630 (Same As) 2016-02-11 - Passed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Har, Oshiro excused (2).