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2000 SESSION

• | print version

HB 1207 Priority of certain refinance mortgages over subordinate mortgages.

Introduced by: Eric I. Cantor | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Mortgages; priority of certain refinance mortgages over subordinate mortgages. Gives a refinance mortgage priority over a subordinate mortgage if (i) the refinance mortgage is identified as such in bold or capitalized letters; (ii) the amount secured by such refinance mortgage does not exceed the outstanding principal balance secured by the prior mortgage plus $5,000; and (iii) the interest rate of the debt secured does not exceed the interest rate set forth in the prior mortgage.

FULL TEXT

• 01/24/00  House: Presented & ordered printed 000426664  pdf
• 02/08/00  House: Committee substitute printed 003393664-H1  pdf
• 03/14/00  House: Bill text as passed House and Senate (HB1207ER)  pdf
• 05/04/00  Governor: Acts of Assembly Chapter text (CHAP0971)  pdf

AMENDMENTS

• Senate amendments
• Senate amendments engrossed

HISTORY

• 01/24/00  House: Presented & ordered printed 000426664
• 01/24/00  House: Referred to Committee on Corporations, Insurance and Banking
• 02/08/00  House: Committee substitute printed 003393664-H1
• 02/08/00  House: Reported from C. I. B. w/sub (25-Y 0-N)
• 02/09/00  House: Read first time
• 02/10/00  House: Read second time
• 02/10/00  House: Committee substitute agreed to 003393664-H1
• 02/10/00  House: Engrossed by House - com. sub. 003393664-H1
• 02/11/00  House: Read third time and passed House (Block Vote) (99-Y 0-N)
• 02/11/00  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
• 02/11/00  House: Communicated to Senate
• 02/14/00  Senate: Constitutional reading dispensed
• 02/14/00  Senate: Referred to Committee for Courts of Justice
• 02/16/00  Senate: Pursuant to S. Rule 20(j), rerefer. by C.J. (14-Y 0-N)
• 02/16/00  Senate: Rereferred to Commerce and Labor
• 02/28/00  Senate: Reported from C. & L. with amendments (14-Y 0-N)
• 02/29/00  Senate: Const. reading disp., passed by for the day (38-Y 0-N)
• 02/29/00  Senate: VOTE: CONST. RDG. DISPENSED R (38-Y 0-N)
• 03/01/00  Senate: Read third time
• 03/01/00  Senate: Reading of amendments waived
• 03/01/00  Senate: Committee amendments agreed to
• 03/01/00  Senate: Engrossed by Senate as amended
• 03/01/00  Senate: Passed Senate with amendments (40-Y 0-N)
• 03/01/00  Senate: VOTE: PASSAGE R (40-Y 0-N)
• 03/02/00  House: Placed on Calendar
• 03/03/00  House: Senate amendments agreed to by House (97-Y 1-N)
• 03/03/00  House: VOTE: ADOPTION (97-Y 1-N)
• 03/14/00  House: Bill text as passed House and Senate (HB1207ER)
• 03/16/00  House: Enrolled
• 03/16/00  House: Signed by Speaker
• 03/17/00  Senate: Signed by President
• 04/09/00  Governor: Approved by Governor-Chapter 971 (effective 7/1/00)
• 05/04/00  Governor: Acts of Assembly Chapter text (CHAP0971)