VA SB158 | 2008 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 5 2008 - 100% progression
Action: 2008-03-14 - Governor: Acts of Assembly Chapter text (CHAP0400)
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 5 2008 - 100% progression
Action: 2008-03-14 - Governor: Acts of Assembly Chapter text (CHAP0400)
Summary
Wet settlement act; lender's disclosure of appraisal information. Requires any lender providing a loan secured by a first mortgage on real estate containing not more than four residential dwelling units to disclose on the settlement statement any fee charged to the borrower for an appraisal and any fee charged to the borrower for a valuation or opinion of value prepared using an automated or other mechanism prepared by a person who is not licensed as an appraiser.
Title
Wet Settlement Act; lender's disclosure of charges for appraisal and valuation.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2008-03-14 | Governor: Acts of Assembly Chapter text (CHAP0400) | |
| 2008-03-05 | Governor: Approved by Governor-Chapter 400 (effective 7/1/08) | |
| 2008-02-28 | Senate: Signed by President | |
| 2008-02-27 | House: Signed by Speaker | |
| 2008-02-27 | Senate: Bill text as passed Senate and House (SB158ER) | |
| 2008-02-27 | Senate: Enrolled | |
| 2008-02-26 | Senate: House amendment agreed to by Senate (39-Y 1-N) | |
| 2008-02-22 | House: VOTE: BLOCK VOTE PASSAGE (94-Y 0-N) | |
| 2008-02-22 | House: Passed House with amendment BLOCK VOTE (94-Y 0-N) | |
| 2008-02-22 | House: Engrossed by House as amended | |
| 2008-02-22 | House: Committee amendment agreed to | |
| 2008-02-22 | House: Read third time | |
| 2008-02-21 | House: Read second time | |
| 2008-02-19 | House: Reported from Commerce and Labor with amendment (22-Y 0-N) | |
| 2008-02-12 | House: Referred to Committee on Commerce and Labor | |
| 2008-02-12 | House: Read first time | |
| 2008-02-12 | House: Placed on Calendar | |
| 2008-01-28 | Senate: Communicated to House | |
| 2008-01-28 | Senate: Read third time and passed Senate (40-Y 0-N) | |
| 2008-01-25 | Senate: Passed by for the day | |
| 2008-01-24 | Senate: Engrossed by Senate - committee substitute SB158S1 | |
| 2008-01-24 | Senate: Committee substitute agreed to 080146273-S1 | |
| 2008-01-24 | Senate: Reading of substitute waived | |
| 2008-01-24 | Senate: Read second time | |
| 2008-01-23 | Senate: Constitutional reading dispensed (40-Y 0-N) | |
| 2008-01-21 | Senate: Committee substitute printed 080146273-S1 | |
| 2008-01-21 | Senate: Reported from Commerce and Labor with substitute (14-Y 1-N) | |
| 2008-01-07 | Senate: Referred to Committee on Commerce and Labor | |
| 2008-01-07 | Senate: Prefiled and ordered printed; offered 01/09/08 088621273 |
Subjects
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+SB158 |
