Judgment; payment required to be noted by creditor, penalty. (HB393)
Introduced By
Sen. Ben Chafin (R-Lebanon) with support from co-patrons Del. Jeff Campbell (R-Marion), and Del. Terry Kilgore (R-Gate City)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Judgment payment required to be noted by creditor; penalty. Provides that payment by a debtor shall be entered by the creditor within 90 days of payment of a judgment, or within 10 days of being notified, of satisfaction. The bill also provides that the judgment creditor shall be liable to a fine of $100 as well as the cost of releasing the judgment when the judgment creditor fails to enter such payment under such terms. Under current law, the judgment creditor is only subject to a $50 fine for failure to enter judgment within 10 days after receiving notice of satisfaction. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/03/2014 | Committee |
01/03/2014 | Prefiled and ordered printed; offered 01/08/14 14101689D |
01/03/2014 | Referred to Committee for Courts of Justice |
01/09/2014 | Assigned Courts sub: Civil |
01/13/2014 | Subcommittee recommends reporting with amendment(s) (9-Y 0-N) |
01/20/2014 | Reported from Courts of Justice with substitute (21-Y 0-N) (see vote tally) |
01/20/2014 | Committee substitute printed 14103764D-H1 |
01/21/2014 | Impact statement from DPB (HB393H1) |
01/22/2014 | Read first time |
01/23/2014 | Read second time |
01/23/2014 | Committee substitute agreed to 14103764D-H1 |
01/23/2014 | Engrossed by House - committee substitute HB393H1 |
01/23/2014 | Impact statement from DPB (HB393H1) |
01/24/2014 | Read third time and passed House BLOCK VOTE (95-Y 0-N) |
01/24/2014 | VOTE: BLOCK VOTE PASSAGE (95-Y 0-N) (see vote tally) |
01/27/2014 | Constitutional reading dispensed |
01/27/2014 | Referred to Committee for Courts of Justice |
02/19/2014 | Reported from Courts of Justice (13-Y 0-N) (see vote tally) |
02/21/2014 | Constitutional reading dispensed (40-Y 0-N) |
02/24/2014 | Read third time |
02/24/2014 | Passed Senate (40-Y 0-N) |
02/26/2014 | Enrolled |
02/26/2014 | Bill text as passed House and Senate (HB393ER) |
02/26/2014 | Impact statement from DPB (HB393ER) |
02/26/2014 | Signed by Speaker |
02/28/2014 | Signed by President |
03/24/2014 | G Approved by Governor-Chapter 274 (effective 7/1/14) |
03/24/2014 | G Acts of Assembly Chapter text (CHAP0274) |