Substitute for Raised S.B. No. 226
Session Year 2014
 


AN ACT ESTABLISHING A TASK FORCE TO STUDY REVERSE MORTGAGE TRANSACTIONS.

To require creditors to obtain the informed consent for a reverse mortgage transaction from any individual who is not a party to the transaction but who resides with the individual who is a party to the transaction.

Introduced by:
Banks Committee

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Bill History

 Date Action Taken
 4/25/2014Favorable Report, Tabled for the Calendar, Senate
 4/25/2014No New File by Committee on Judiciary
 4/25/2014(LCO)Reported Out of Legislative Commissioners' Office
 4/25/2014(LCO)Filed with Legislative Commissioners' Office
 4/25/2014(JUD)Joint Favorable
 4/22/2014Referred by Senate to Committee on Judiciary
 4/3/2014(LCO)File Number 319
 4/3/2014Senate Calendar Number 221
 4/3/2014Favorable Report, Tabled for the Calendar, Senate
 4/3/2014(LCO)Reported Out of Legislative Commissioners' Office
 3/28/2014(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 04/02/14 5:00 PM
 3/20/2014(LCO)Filed with Legislative Commissioners' Office
 3/18/2014(BA)Joint Favorable Substitute
 2/21/2014Public Hearing 02/25
 2/20/2014Referred to Joint Committee on Banks

Co-sponsors of SB-226

Rep. Mary M. Mushinsky, 85th Dist.

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