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IntroducedNov 19, 2021
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Passed SenateMar 02, 2022
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Passed House
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Signed into Law
Mortgage Payoff Letters; Revising the timeframe within which a mortgagee or mortgage servicer must send or cause to be sent an estoppel letter containing specified information; requiring notice to the mortgagor of a request for an estoppel letter under certain circumstances; requiring a mortgagee or mortgage servicer to provide a copy of a corrected estoppel letter to a mortgagor under certain circumstances; providing that a corrected estoppel letter supersedes any previous estoppel letter under certain circumstances; prohibiting payments received pursuant to an estoppel letter from being returned and requiring such payments to be promptly applied to any unpaid balance of the loan properly due under or secured by a mortgage, etc.
Last Action See all actions
House • Mar 14, 2022: Died in Messages
Latest Bill Text See all bill texts
Official Summary/Bill Text
Comments on SB 1016
Tweets
Whip Lists
Sponsors
- Banking and Insurance
- Burgess
Votes
Actions
- Mar 14, 2022 | House
- Died in Messages
- Mar 12, 2022 | House
- Indefinitely postponed and withdrawn from consideration
- Mar 02, 2022 | House
- In Messages
- Mar 02, 2022 | Senate
- Read 2nd time
- Amendment(s) adopted (579878)
- Read 3rd time
- CS passed as amended; YEAS 39 NAYS 0
- Mar 01, 2022 | Senate
- Retained on Special Order Calendar
- Feb 24, 2022 | Senate
- Placed on Special Order Calendar, 03/01/22
- Feb 23, 2022 | Senate
- Favorable by- Rules; YEAS 17 NAYS 0
- Placed on Calendar, on 2nd reading
- Feb 18, 2022 | Senate
- On Committee agenda-- Rules, 02/23/22, 9:00 am, 412 Knott Building
- Feb 11, 2022 | Senate
- Original reference(s) removed: Judiciary
- Remaining references corrected to Rules
- Now in Rules
- Feb 10, 2022 | Senate
- Pending reference review under Rule 4.7(2) - (Committee Substitute)
- CS by Banking and Insurance read 1st time
- Feb 08, 2022 | Senate
- CS by Banking and Insurance; YEAS 11 NAYS 0
- Feb 03, 2022 | Senate
- On Committee agenda-- Banking and Insurance, 02/08/22, 3:00 pm, 37 Senate Building
- Jan 11, 2022 | Senate
- Introduced
- Dec 13, 2021 | Senate
- Referred to Banking and Insurance; Judiciary; Rules
- Nov 19, 2021 | Senate
- Filed
Bill Texts
- S 1016 FiledHTML
- S 1016 c1HTML
- S 1016 e1HTML
- Committee Amendment 184796 (Replaced by Committee Substitute 2/10/2022) -- Banking and Insurance (Burgess)PDF
- Floor Amendment 212610 (Senate: Replaced by Substitute Amendment 3/2/2022) -- BurgessPDF
- Floor Substitute Amendment 579878 (Senate: Adopted 3/2/2022) -- BurgessPDF