MD SB876 | 2015 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on March 2 2015 - 25% progression, died in chamber
Action: 2015-03-26 - Unfavorable Report by Judicial Proceedings
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 2 2015 - 25% progression, died in chamber
Action: 2015-03-26 - Unfavorable Report by Judicial Proceedings
Text: Latest bill text (Introduced) [PDF]
Summary
Altering the requirements for the debt instrument required to be filed with an order to docket or complaint to foreclose a mortgage or deed of trust on residential property; altering the requirements for a lost note affidavit in a residential foreclosure action; providing that a person who knowingly makes a false statement in specified documents required to be filed with a court is guilty of a misdemeanor and if convicted is subject to imprisonment not to exceed 1 year or a fine not to exceed $10,000 or both; applying the Act prospectively.
Title
Foreclosure - Indorsement of Debt Instrument, Lost Note Affidavit, and Penalties for False Statements
Sponsors
Sen. Joanne Benson [D] | Sen. Ulysses Currie [D] | Sen. Susan Lee [D] | Sen. Nathaniel McFadden [D] |
Sen. Anthony Muse [D] | Sen. Victor Ramirez [D] | Sen. Jamin Raskin [D] |
History
Date | Chamber | Action |
---|---|---|
2015-03-26 | Senate | Unfavorable Report by Judicial Proceedings |
2015-03-19 | Senate | Hearing 3/19 at 1:00 p.m. |
2015-03-05 | Senate | Rereferred to Judicial Proceedings |
2015-03-02 | Senate | First Reading Senate Rules |