| Measure Title: | RELATING TO MORTGAGE FORECLOSURES. |
| Report Title: | Nonjudicial Foreclosures; Repeal |
| Description: | Amends the 1998 alternate power of sale foreclosure process by requiring a foreclosing mortgagee or other creditors to provide information on the unpaid balance of moneys owed under a mortgage or lien as of the date of the public sale within three days of an inquiry, capping the public sale purchaser's downpayment to not more than 10 percent of the highest successful bid, clarifying that the new property owner may take possession no sooner than 40 days after the public sale, and extending the time period for filing appeals of foreclosure sales to no later than 60 days after recordation of the affidavit of public sale. Effective July 1, 2099. (HB783 HD2) |
| Package: | None |
| Companion: | |
| Introducer(s): | HIRAKI |
| Current Referral: | CPH, JHW |
| Date | Status Text | |
|---|---|---|
| 1/25/2005 | H | Pending introduction. |
| 1/26/2005 | H | Introduced and Pass First Reading |
| 1/31/2005 | H | Referred to CPC, JUD, referral sheet 7 |
| 2/1/2005 | H | Bill scheduled to be heard by CPC on Thursday, 02-03-05 at 5:00 pm in House conference room 325. |
| 2/3/2005 | H | The committee(s) recommends that the measure be deferred until 02/07/2005. |
| 2/7/2005 | H | The committee(s) recommends that the measure be deferred until 2/9/2005. |
| 2/9/2005 | H | The committee(s) recommends that the measure be deferred until 02-11-05 room 325 at 2:00 pm. |
| 2/14/2005 | H | The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Hiraki, Schatz, Caldwell, Herkes, Ito, Morita, Souki, Marumoto; Ayes with reservations: Representative(s) Sonson; 0 Noes: none; and 3 Excused: Representative(s) Kanoho, Saiki, Stonebraker. |
| 2/16/2005 | H | Reported from the committee on CPC (Stand. Com. Rep. No. 352) as amended in (HD 1), recommending passage on Second Reading and referral to the committee on JUD. |
| 2/17/2005 | H | Passed Second Reading as amended in (HD 1) and referred to the committee(s) on JUD with none voting no and Representative(s) Saiki excused. |
| 2/18/2005 | H | Bill scheduled to be heard by JUD on Tuesday, 02-22-05 at 2:00 pm in House conference room 325. |
| 2/22/2005 | H | The committee(s) recommends that the measure be deferred until 2/24/2005. |
| 2/23/2005 | H | Bill scheduled for decision making on Thursday, 02-24-05 at 2:00 pm in conference room 325. |
| 2/24/2005 | H | The committee(s) recommends that the measure be deferred until 3/1/2005. |
| 2/25/2005 | H | Bill scheduled for decision making on Tuesday, 03-01-05 at 2:00 pm in conference room 325. |
| 3/1/2005 | H | The committees on JUD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Luke, B. Oshiro, Caldwell, Kanoho, Morita, Souki, Marumoto, Thielen; Ayes with reservations: Representative(s) Sonson; 0 Noes: none; and 1 Excused: Representative(s) Herkes. |
| 3/4/2005 | H | Reported from the committee on JUD (Stand. Com. Rep. No. 980) as amended in (HD 2), recommending passage on Third Reading. |
| 3/4/2005 | H | Forty-eight (48) hours notice Tuesday, 03/08/2005. |
| 3/8/2005 | H | Passed Third Reading as amended in (HD 2) with none voting no and Representative(s) Arakaki, Hiraki, Souki excused. |
| 3/8/2005 | H | Transmitted to Senate. |
| 3/10/2005 | S | Received from House (Hse. Com. No. 186). |
| 3/10/2005 | S | Passed First Reading. |
| 3/10/2005 | S | Referred to CPH, JHW. |
| 3/16/2005 | S | The committee(s) on CPH has scheduled a public hearing on 03-21-05 at 9:00 am in conference room 016. |
| 3/21/2005 | S | The committee on CPH deferred the measure until 03-23-05 at 9:00 am in conference room 016. |
| 3/23/2005 | S | The committee(s) on CPH recommend(s) that the measure be HELD. The votes in CPH were as follows: 5 Aye(s): Senator(s) Menor, Baker, Espero, Ige, Hogue; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Sakamoto. |
| 12/2/2005 10:33:22 AM | D | Carried over to 2006 Regular Session |
$ = Appropriation measure
ConAm = Constitutional Amendment