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The Florida Senate

HB 1421: Foreclosure Debt Relief

GENERAL BILL by Soto

Foreclosure Debt Relief; Creates "Foreclosure Debt Claims Act"; provides definitions; authorizes creation & administration of deficiency judgment reimbursement program by Florida Housing Finance Corporation contingent upon occurrence of certain conditions precedent; provides for program's future termination; authorizes continuation of program subject to appropriations made after depletion of funds; provides procedures & eligibility requirements for homeowners & financial institutions to file monetary claims.

Effective Date: upon becoming law
Last Action: 5/7/2011 House - Died in Community and Military Affairs Subcommittee
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
3/8/2011 House • Filed
• Introduced -HJ 130
3/14/2011 House • Referred to Community and Military Affairs Subcommittee; Transportation and Economic Development Appropriations Subcommittee; Economic Affairs Committee -HJ 222
5/7/2011 House • Indefinitely postponed and withdrawn from consideration
• Died in Community and Military Affairs Subcommittee