CS/CS/HB 353: Mortgage Payoff Letters
GENERAL BILL by Civil Justice and Property Rights Subcommittee ; Insurance and Banking Subcommittee ; Fabricio
Mortgage Payoff Letters; Revises timeframe for mortgagee or mortgage servicer to send estoppel letter; requires notice to mortgagor of request for estoppel letter; revises requirements for estoppel letter; authorizes corrected estoppel letter; prohibits mortgagee or mortgage servicer from denying accuracy of estoppel letter; requires payments to be applied to any unpaid balance of mortgage; provides methods for sending written request for estoppel letter, estoppel letter, & corrected estoppel letter; authorizes attorney fees & costs.
Last Action: 3/14/2022 House - Died on Second Reading Calendar
Bill Text: PDF
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Bill History
Date Chamber Action 10/19/2021 House • Filed
11/5/2021 House • Referred to Insurance & Banking Subcommittee
• Referred to Civil Justice & Property Rights Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
1/11/2022 House • 1st Reading (Original Filed Version)
1/25/2022 House • PCS added to Insurance & Banking Subcommittee agenda
1/27/2022 House • Favorable with CS by Insurance & Banking Subcommittee
• Reported out of Insurance & Banking Subcommittee
1/28/2022 House • Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 1)
2/1/2022 House • Referred to Civil Justice & Property Rights Subcommittee
• Referred to Commerce Committee
• Now in Civil Justice & Property Rights Subcommittee
2/14/2022 House • PCS added to Civil Justice & Property Rights Subcommittee agenda
2/16/2022 House • Favorable with CS by Civil Justice & Property Rights Subcommittee
• Reported out of Civil Justice & Property Rights Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 2)
2/18/2022 House • Referred to Commerce Committee
• Now in Commerce Committee
2/21/2022 House • Added to Commerce Committee agenda
2/23/2022 House • Favorable by Commerce Committee
2/24/2022 House • Reported out of Commerce Committee
• Bill released to House Calendar
• Added to Second Reading Calendar
3/12/2022 House • Indefinitely postponed and withdrawn from consideration
3/14/2022 House • Died on Second Reading Calendar
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CS/CS/HB 353, Committee Substitute 2 (Current Bill Version) Posted 2/16/2022 at 5:41 PM
Bill Text: PDF Analyses: Commerce Committee (Post-Meeting) 2/24/2022 (pdf)
Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 335 Satisfaction of Mortgages Fabricio Similar Last Action: 10/19/2021 H Withdrawn prior to introduction 
S 1016 (e1) Mortgage Payoff Letters Burgess Similar Last Action: 3/14/2022 H Died in Messages
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 701.04 Cancellation of mortgages, liens, and judgments. Page 2 (pdf) 701.041 Title insurer; mortgage release certificate. Page 9 (pdf) -
CS/HB 353, Committee Substitute 1 Posted 1/28/2022 at 8:34 AM
Bill Text: PDF Analyses: Civil Justice and Property Rights Subcommittee (Post-Meeting) 2/16/2022 (pdf)
Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 335 Satisfaction of Mortgages Fabricio Similar Last Action: 10/19/2021 H Withdrawn prior to introduction
S 1016 (c1) Mortgage Payoff Letters Burgess Similar Last Action: 3/14/2022 H Died in Messages
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 701.04 Cancellation of mortgages, liens, and judgments. Page 2 (pdf) 701.041 Title insurer; mortgage release certificate. Page 9 (pdf) -
HB 353, Original Filed Version Posted 10/19/2021 at 4:15 PM
Bill Text: PDF Analyses: Insurance and Banking Subcommittee (Post-Meeting) 1/27/2022 (pdf)
Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 335 Satisfaction of Mortgages Fabricio Identical Last Action: 10/19/2021 H Withdrawn prior to introduction
S 1016 Mortgage Payoff Letters Burgess Similar Last Action: 3/14/2022 H Died in Messages
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 701.04 Cancellation of mortgages, liens, and judgments. Page 2 (pdf) 701.041 Title insurer; mortgage release certificate. Page 8 (pdf)