Substitute for Raised H.B. No. 5514
Session Year 2014


To establish an additional method of foreclosure that will support the Connecticut real estate market by selling residential properties at market prices, encourage potential purchasers eligible for first-time homebuyer and other special lending programs or who wish to perform due diligence concerning a purchase to purchase a residence in foreclosure, provide a measure of dignity to residential borrowers faced with the prospect of foreclosure, reduce deficiencies by providing a procedure for a market sale instead of a forced auction sale or lender possession of property prior to sale and provide a speedy method of concluding a foreclosure when the borrower and first mortgage lender agree on a sale.

Introduced by:
Banking Committee

 New today  2-4 days old  5 days & older

Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 6/3/2014Signed by the Governor
 5/19/2014Transmitted by Secretary of the State to Governor
 5/19/2014Transmitted to the Secretary of State
 5/14/2014(LCO)Public Act 14-84
 5/6/2014On Consent Calendar / In Concurrence
 5/6/2014Senate Passed as Amended by House Amendment Schedule A
 5/6/2014Senate Adopted House Amendment Schedule A
 5/2/2014(LCO)File Number 745
 5/2/2014Senate Calendar Number 550
 5/2/2014Favorable Report, Tabled for the Calendar, Senate
 5/1/2014Immediate Transmittal to the Senate
 5/1/2014House Passed as Amended by House Amendment Schedule A
 5/1/2014House Adopted House Amendment Schedule A 4606
 4/17/2014Tabled for the Calendar, House
 4/17/2014No New File by Committee on Judiciary
 4/17/2014(LCO)Reported Out of Legislative Commissioners' Office
 4/17/2014(LCO)Filed with Legislative Commissioners' Office
 4/17/2014(JUD)Joint Favorable
 4/15/2014Referred by House to Committee on Judiciary
 4/7/2014(LCO)File Number 413
 4/7/2014House Calendar Number 248
 4/7/2014Favorable Report, Tabled for the Calendar, House
 4/7/2014(LCO)Reported Out of Legislative Commissioners' Office
 3/31/2014(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 04/07/14 10:00 AM
 3/20/2014(LCO)Filed with Legislative Commissioners' Office
 3/18/2014(BA)Joint Favorable Substitute
 3/7/2014Public Hearing 03/11
 3/6/2014Referred to Joint Committee on Banking

Co-sponsors of HB-5514

Rep. Jeffrey J. Berger, 73rd Dist.
Rep. John K. Hampton, 16th Dist.
Rep. Noreen S. Kokoruda, 101st Dist.
Rep. David Zoni, 81st Dist.
Rep. Robert C. Sampson, 80th Dist.
Rep. Bruce V. Morris, 140th Dist.
Rep. Theresa W. Conroy, 105th Dist.
Rep. Larry B. Butler, 72nd Dist.
Rep. Paul Davis, 117th Dist.
Rep. David A. Scribner, 107th Dist.
Rep. Anthony J. D'Amelio, 71st Dist.
Rep. Russell A. Morin, 28th Dist.
Rep. Stephen G. Walko, 150th Dist.
Rep. Brandon L. McGee, 5th Dist.
Rep. Brian Becker, 19th Dist.
Rep. John Shaban, 135th Dist.
Rep. Christopher A. Wright, 77th Dist.
Rep. David A. Baram, 15th Dist.
Rep. James Maroney, 119th Dist.
Rep. John H. Frey, 111th Dist.
Rep. Louis P. Esposito, 116th Dist.
Rep. Cecilia Buck-Taylor, 67th Dist.
Sen. Art Linares, 33rd Dist.
Rep. William Tong, 147th Dist.
Rep. Hilda E. Santiago, 84th Dist.
Rep. Dan Carter, 2nd Dist.
Rep. Mike Demicco, 21st Dist.
Sen. Catherine A. Osten, 19th Dist.
Sen. Joseph J. Crisco, 17th Dist.
Sen. Carlo Leone, 27th Dist.
Rep. Joe Diminico, 13th Dist.
Sen. John A. Kissel, 7th Dist.

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