Foreclosure sales; trustee to pay taxes. (HB714)

Introduced By

Del. Chris Peace (R-Mechanicsville)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Foreclosure sales; trustee to pay taxes.  Clarifies that, in the event of a foreclosure sale, the trustee shall cause the proceeds of the sale to be applied to the payment of taxes on the property. The bill also eliminates a redundancy in the Code pertaining to the duties of a trustee in a foreclosure sale. Amends § 55-59.4, § 58.1-3340, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/12/2010Committee
01/12/2010Prefiled and ordered printed; offered 01/13/10 10101183D
01/12/2010Referred to Committee for Courts of Justice
01/19/2010Assigned Courts sub: Civil
01/25/2010Subcommittee recommends reporting (10-Y 0-N)
01/27/2010Reported from Courts of Justice (22-Y 0-N) (see vote tally)
01/29/2010Read first time
02/01/2010Read second time and engrossed
02/02/2010Read third time and passed House BLOCK VOTE (97-Y 0-N)
02/02/2010VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally)
02/03/2010Read third time and passed House BLOCK VOTE (98-Y 0-N)
02/03/2010Constitutional reading dispensed
02/03/2010Referred to Committee for Courts of Justice
02/23/2010Assigned Courts sub: Civil
03/08/2010Reported from Courts of Justice (14-Y 0-N) (see vote tally)
03/09/2010Constitutional reading dispensed (39-Y 0-N) (see vote tally)
03/10/2010Read third time
03/10/2010Passed Senate (40-Y 0-N) (see vote tally)
03/22/2010Enrolled
03/22/2010Bill text as passed House and Senate (HB714ER)
03/22/2010Signed by Speaker
03/25/2010Signed by President
04/11/2010G Approved by Governor-Chapter 417 (effective 7/1/10)
04/11/2010G Acts of Assembly Chapter text (CHAP0417)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 35 seconds.