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]
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.
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]
2012-03-08 - Senate - Senate Floor - Third Reading Passed (46-0) (Y: 46 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2013-05-02 | Senate | Approved by the Governor - Chapter 205 |
| 2013-04-08 | Senate | Returned Passed |
| 2013-04-08 | House | Third Reading Passed (136-0) |
| 2013-04-06 | House | Second Reading Passed |
| 2013-04-06 | House | Favorable Report Adopted |
| 2013-04-06 | House | Favorable Report by Environmental Matters |
| 2013-04-04 | House | Hearing 4/04 at 1:00 p.m. |
| 2013-03-08 | House | First Reading Environmental Matters |
| 2013-03-08 | Senate | Third Reading Passed (45-0) |
| 2013-03-06 | Senate | Second Reading Passed with Amendments |
| 2013-03-06 | Senate | Favorable with Amendments {638972/1 Report Adopted |
| 2013-03-05 | Senate | Favorable with Amendments Report by Judicial Proceedings |
| 2013-01-31 | Senate | Hearing 1/31 at 1:00 p.m. |
| 2013-01-18 | Senate | First Reading Judicial Proceedings |
