Value of property; enforcement of liens. (SB1085)

Introduced By

Sen. Jill Holtzman Vogel (R-Winchester)

Progress

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

Description

Enforcement of liens; property value. Increases from $10,000 to $12,500 the maximum value of property that may be sold for cash at auction to satisfy a lien without petitioning for a court order for the sale of such property. The bill also requires the Commissioner of the Department of Motor Vehicles, in determining the value of a vehicle, to use the trade-in value of the vehicle as found in a recognized pricing guide. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/13/2015Prefiled and ordered printed; offered 01/14/15 15102861D
01/13/2015Referred to Committee for Courts of Justice
01/20/2015Impact statement from DPB (SB1085)
02/09/2015Reported from Courts of Justice with amendments (13-Y 0-N) (see vote tally)
02/10/2015Read second time
02/10/2015Reading of amendments waived
02/10/2015Committee amendments agreed to
02/10/2015Engrossed by Senate as amended SB1085E
02/10/2015Printed as engrossed 15102861D-E
02/10/2015Constitutional reading dispensed (38-Y 0-N) (see vote tally)
02/10/2015Passed Senate (38-Y 0-N) (see vote tally)
02/12/2015Placed on Calendar
02/12/2015Read first time
02/12/2015Referred to Committee for Courts of Justice
02/12/2015Assigned Courts sub: Civil Law
02/13/2015Impact statement from DPB (SB1085E)
02/16/2015Subcommittee recommends reporting (9-Y 0-N)
02/20/2015Reported from Courts of Justice (20-Y 0-N) (see vote tally)
02/23/2015Read second time
02/24/2015Read third time
02/24/2015Passed House BLOCK VOTE (99-Y 0-N)
02/24/2015VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/27/2015Enrolled
02/27/2015Bill text as passed Senate and House (SB1085ER)
02/27/2015Signed by Speaker
02/27/2015Signed by President
03/02/2015Impact statement from DPB (SB1085ER)
03/04/2015Enrolled Bill Communicated to Governor on 3/4/15
03/04/2015G Governor's Action Deadline Midnight, Sunday, March 29, 2015
03/26/2015G Approved by Governor-Chapter 640 (effective 7/1/15)
03/26/2015G Acts of Assembly Chapter text (CHAP0640)

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.