H125 GENERAL BILL by Rogers; (CO-SPONSORS) Soto (Identical S 0854) Rental Property Foreclosure or Short-sale Actions; Requires lenders to notify tenants or lessees of potential foreclosure or short-sale actions against rental property; requires lenders to provide tenants or lessees first right of refusal to purchase property at fair market value; specifies eligibility requirements to exercise such right; requires lenders to use escrow funds for specified purposes, etc. EFFECTIVE DATE: 07/01/2010. 09/17/09 HOUSE Filed 10/12/09 HOUSE Referred to Civil Justice & Courts Policy (CCJP); Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; Criminal & Civil Justice Policy Council 01/05/10 HOUSE On Committee agenda-- Civil Justice & Courts Policy (CCJP), 01/12/10, 10:00 am, Reed Hall --Temporarily deferred 02/22/10 HOUSE On Committee agenda-- Civil Justice & Courts Policy (CCJP), 03/01/10, 2:15 pm, Reed Hall 03/01/10 HOUSE Unfavorable by Civil Justice & Courts Policy (CCJP), laid on Table; YEAS 2 NAYS 9 03/02/10 HOUSE Introduced, referred to Civil Justice & Courts Policy (CCJP); Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; Criminal & Civil Justice Policy Council -HJ 00019; On Committee agenda-- Civil Justice & Courts Policy (CCJP), 01/12/10, 10:00 am, Reed Hall --Temporarily deferred; On Committee agenda-- Civil Justice & Courts Policy (CCJP), 03/01/10, 2:15 pm, Reed Hall; Unfavorable by Civil Justice & Courts Policy (CCJP), laid on Table; YEAS 2 NAYS 9 -HJ 00207
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