CS/CS/CS/HB 861: Residential Loan Alternative Agreements
GENERAL BILL by Commerce Committee ; Judiciary Committee ; Regulatory Reform & Economic Development Subcommittee ; Robinson, W. ; (CO-INTRODUCERS) Fabricio
Residential Loan Alternative Agreements; Prohibits residential loan alternative agreement from authorizing a person to place lien on or otherwise encumber residential real property; prohibits court from enforcing residential loan alternative agreement by lien or constructive trust in residential real property; prohibits assignment of residential loan alternative agreement; provides residential loan alternative agreement is void if listing services do not begin within specified timeframe; prohibits clerk of circuit court from recording residential loan alternative agreement; provides residential loan alternative agreement that does not meet specified requirements is unenforceable; provides that violation is unfair or deceptive trade practice.
Last Action: 4/20/2023 House - Laid on Table; companion bill(s) passed, see CS/CS/SB 770 (Ch. 2023-117)
Bill Text: PDF
Bill History
| Date | Chamber | Action | 
|---|---|---|
| 2/15/2023 | House | 
                                    • Filed | 
                        
| 2/21/2023 | House | 
                                    • Referred to Regulatory Reform & Economic Development Subcommittee • Referred to Judiciary Committee • Referred to Commerce Committee • Now in Regulatory Reform & Economic Development Subcommittee  | 
                        
| 3/7/2023 | House | 
                                    • Added to Regulatory Reform & Economic Development Subcommittee agenda - Temporarily Postponed 
[House Rule 7.11(d)] 
 • 1st Reading (Original Filed Version)  | 
                        
| 3/14/2023 | House | 
                                    • PCS added to Regulatory Reform & Economic Development Subcommittee agenda | 
                        
| 3/16/2023 | House | 
                                    • Favorable with CS by Regulatory Reform & Economic Development Subcommittee • Reported out of Regulatory Reform & Economic Development Subcommittee  | 
                        
| 3/17/2023 | House | 
                                    • Laid on Table under Rule 7.18(a) • CS Filed • 1st Reading (Committee Substitute 1)  | 
                        
| 3/20/2023 | House | 
                                    • Referred to Judiciary Committee • Referred to Commerce Committee • Now in Judiciary Committee  | 
                        
| 3/21/2023 | House | 
                                    • Added to Judiciary Committee agenda | 
                        
| 3/23/2023 | House | 
                                    • Favorable with CS by Judiciary Committee • Reported out of Judiciary Committee • Laid on Table under Rule 7.18(a) • CS Filed • 1st Reading (Committee Substitute 2)  | 
                        
| 3/24/2023 | House | 
                                    • Referred to Commerce Committee • Now in Commerce Committee  | 
                        
| 4/6/2023 | House | 
                                    • Added to Commerce Committee agenda | 
                        
| 4/11/2023 | House | 
                                    • Favorable with CS by Commerce Committee (Amended) • Reported out of Commerce Committee • Laid on Table under Rule 7.18(a) • CS Filed  | 
                        
| 4/12/2023 | House | 
                                    • 1st Reading (Committee Substitute 3) • Bill referred to House Calendar • Added to Second Reading Calendar  | 
                        
| 4/13/2023 | House | 
                                    • Bill added to Special Order Calendar (4/20/2023) | 
                        
| 4/20/2023 | House | 
                                    • Substituted CS/CS/SB 770 • Laid on Table; companion bill(s) passed, see CS/CS/SB 770 (Ch. 2023-117)  |