Consumer Protection Act; foreclosure rescues. (HB2261)
Introduced By
Del. Terry Kilgore (R-Gate City) with support from co-patrons Del. Clay Athey (R-Front Royal), Del. Anne Crockett-Stark (R-Wytheville), Del. Dave Nutter (R-Christiansburg), and Del. Bob Tata (R-Virginia Beach)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Consumer Protection Act; foreclosure rescues. Provides that the prohibition on fraudulent acts or practices committed by a supplier in a consumer transaction involving residential real property owned and occupied as the primary dwelling unit of the owner applies when the supplier of service to avoid or prevent foreclosure charges or receives a fee (i) prior to the full and complete performance of the services it has agreed to perform, if the transaction does not involve the sale or transfer of residential real property, or (ii) prior to the settlement on the sale or transfer of residential real property, if the transaction involves the sale or transfer of the property. Currently, any practice where a supplier of a foreclosure avoidance or prevention service is to be paid a fee prior to the settlement on a sale of residential real property is prohibited, regardless of whether the fee is charged or collected as part of the transaction involving a sale of the property. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/14/2009 | Committee |
01/14/2009 | Prefiled and ordered printed; offered 01/14/09 090524806 |
01/14/2009 | Referred to Committee on Commerce and Labor |
01/20/2009 | Referred from Commerce and Labor |
01/20/2009 | Referred to Committee for Courts of Justice |
01/28/2009 | Impact statement from DPB (HB2261) |
01/28/2009 | Assigned Courts sub: Civil |
02/04/2009 | Subcommittee recommends reporting with amendment(s) |
02/06/2009 | Reported from Courts of Justice with substitute (22-Y 0-N) (see vote tally) |
02/06/2009 | Committee substitute printed 090334588-H1 |
02/08/2009 | Read first time |
02/09/2009 | Read second time |
02/09/2009 | Committee substitute agreed to 090334588-H1 |
02/09/2009 | Engrossed by House - committee substitute HB2261H1 |
02/10/2009 | Impact statement from DPB (HB2261H1) |
02/10/2009 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
02/10/2009 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
02/10/2009 | Reconsideration of passage agreed to by House |
02/10/2009 | Passed House BLOCK VOTE (99-Y 0-N) |
02/10/2009 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
02/11/2009 | Constitutional reading dispensed |
02/11/2009 | Referred to Committee on General Laws and Technology |
02/18/2009 | Reported from General Laws and Technology (15-Y 0-N) (see vote tally) |
02/20/2009 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/23/2009 | Read third time |
02/23/2009 | Passed Senate (40-Y 0-N) (see vote tally) |
02/28/2009 | Enrolled |
02/28/2009 | Bill text as passed House and Senate (HB2261ER) |
02/28/2009 | Signed by Speaker |
02/28/2009 | Signed by President |
03/09/2009 | Impact statement from DPB (HB2261ER) |
03/27/2009 | G Approved by Governor-Chapter 203 (effective 7/1/09) |
03/27/2009 | G Acts of Assembly Chapter text (CHAP0203) |