Real estate loans; flood insurance. (SB74)
Introduced By
with support from co-patron Sen. Jeff McWaters (R-Virginia Beach)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Real estate loans; flood insurance. Prohibits a lender from requiring a borrower to provide flood insurance coverage against risks to improvements on real property securing its loan in an amount that exceeds the replacement value of the improvements. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
12/19/2013 | Prefiled and ordered printed; offered 01/08/14 14100621D |
12/19/2013 | Referred to Committee on Commerce and Labor |
01/08/2014 | Impact statement from SCC (SB74) |
01/20/2014 | Reported from Commerce and Labor (15-Y 0-N) (see vote tally) |
01/22/2014 | Constitutional reading dispensed (37-Y 0-N) |
01/23/2014 | Read second time and engrossed |
01/24/2014 | Read third time and passed Senate (37-Y 0-N) |
01/31/2014 | Placed on Calendar |
01/31/2014 | Read first time |
01/31/2014 | Referred to Committee on Commerce and Labor |
02/18/2014 | Reported from Commerce and Labor (21-Y 0-N) (see vote tally) |
02/20/2014 | Read second time |
02/21/2014 | Read third time |
02/21/2014 | Passed House BLOCK VOTE (97-Y 0-N) |
02/21/2014 | VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally) |
02/21/2014 | Reconsideration of House passage agreed to by House |
02/21/2014 | Passed House BLOCK VOTE (98-Y 0-N) |
02/21/2014 | VOTE: BLOCK VOTE PASSAGE #2 (98-Y 0-N) (see vote tally) |
02/25/2014 | Enrolled |
02/25/2014 | Bill text as passed Senate and House (SB74ER) |
02/25/2014 | Signed by Speaker |
02/26/2014 | Impact statement from SCC (SB74ER) |
02/27/2014 | Signed by President |
03/17/2014 | G Approved by Governor-Chapter 247 (effective 7/1/14) |
03/17/2014 | G Acts of Assembly Chapter text (CHAP0247) |