Bill Title: Deficiency judgments and foreclosed property. Provides that the following statutes are not intended to provide the owner of real estate subject to the issuance of process under a judgment or decree of foreclosure any protection or defense against a deficiency judgment for purposes of the borrower protections from liability that must be disclosed on a specified form required by amendments to a federal rule concerning mortgage disclosures: (1) The statutes governing the payoff of, and short sales involving: (A) first lien mortgage transactions; and (B) consumer credit sales and consumer loans under the uniform consumer credit code. (2) The statute

Spectrum: Partisan Bill (Republican 4-0)

Status: (Passed) 2016-03-21 - Public Law 54 [SB0372 Detail]

Text: Latest bill text (Enrolled) [PDF]

---

Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	Senate - Senate concurred in House Amendments	2016-03-01	50	0	0	0	50	Passed	Link	View
House	House - Third reading	2016-02-23	94	2	3	1	100	Passed	Link	View
House	House - Committee Vote	2016-02-17	11	0	0	1	12	Passed	Link	View
Senate	Senate - Third reading	2016-02-01	50	0	0	0	50	Passed	Link	View
Senate	Senate - Committee Vote	2016-01-25	6	0	0	0	6	Passed	Link	View

Social Comments on IN SB0372