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

Bill Has Passed

History

DateAction
01/14/2009Committee
01/14/2009Prefiled and ordered printed; offered 01/14/09 090524806
01/14/2009Referred to Committee on Commerce and Labor
01/20/2009Referred from Commerce and Labor
01/20/2009Referred to Committee for Courts of Justice
01/28/2009Impact statement from DPB (HB2261)
01/28/2009Assigned Courts sub: Civil
02/04/2009Subcommittee recommends reporting with amendment(s)
02/06/2009Reported from Courts of Justice with substitute (22-Y 0-N) (see vote tally)
02/06/2009Committee substitute printed 090334588-H1
02/08/2009Read first time
02/09/2009Read second time
02/09/2009Committee substitute agreed to 090334588-H1
02/09/2009Engrossed by House - committee substitute HB2261H1
02/10/2009Impact statement from DPB (HB2261H1)
02/10/2009Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/10/2009VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
02/10/2009Reconsideration of passage agreed to by House
02/10/2009Passed House BLOCK VOTE (99-Y 0-N)
02/10/2009VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/11/2009Constitutional reading dispensed
02/11/2009Referred to Committee on General Laws and Technology
02/18/2009Reported from General Laws and Technology (15-Y 0-N) (see vote tally)
02/20/2009Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/23/2009Read third time
02/23/2009Passed Senate (40-Y 0-N) (see vote tally)
02/28/2009Enrolled
02/28/2009Bill text as passed House and Senate (HB2261ER)
02/28/2009Signed by Speaker
02/28/2009Signed by President
03/09/2009Impact statement from DPB (HB2261ER)
03/27/2009G Approved by Governor-Chapter 203 (effective 7/1/09)
03/27/2009G Acts of Assembly Chapter text (CHAP0203)

Duplicate Bills

The following bills are identical to this one: SB1169.