Bill Summary

Residential rental property. Removes a provision that allows a tenant to remain in a dwelling unit that has been foreclosed upon pursuant to the federal Protecting Tenants at Foreclosure Act because the Act expired on December 31, 2014, and is no longer in effect. The bill provides that the foreclosure of a residential rental property shall act as a termination of the rental agreement by the owner of such property. In such case, the tenant may remain in possession of such dwelling unit as a month-to-month tenant on the terms of the terminated rental agreement until the successor owner gives a notice of termination of such month-to-month tenancy. The bill also provides how rental payments may be made during the period of the month-to-month tenancy. In addition, the bill requires a current owner of rental property who has entered into a written property management agreement with a managing agent and who has subsequently entered into a purchase agreement with a new owner to give written notice to the managing agent requesting payment of security deposits to the current owner prior to settlement with the new owner. The bill requires the managing agent to transfer the security deposits to the current owner and provide written notice to each tenant that his security deposit has been transferred. This bill is identical to HB 1623.

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Status

Became Law

Votes

Date Action Vote Document
2017-01-30Senate: Reported from General Laws and Technology with substitute (14-Y 1-N)Yea: 14 No: 1 Other: 0Document
2017-02-01Senate: Constitutional reading dispensed (40-Y 0-N)Yea: 40 No: 0 Other: 0Document
2017-02-03Senate: Read third time and passed Senate (40-Y 0-N)Yea: 40 No: 0 Other: 0Document
2017-02-14House: Reported from General Laws (22-Y 0-N)Yea: 22 No: 0 Other: 0Document
2017-02-14House: Reported from General Laws (22-Y 0-N)Yea: 22 No: 0 Other: 0Document
2017-02-17House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)Yea: 99 No: 0 Other: 0Document

Amendments

no data available at this time.

Bill History

Date Action
2017-03-13Governor: Acts of Assembly Chapter text (CHAP0402)
2017-03-13Governor: Approved by Governor-Chapter 402 (effective 7/1/17)
2017-02-23Governor: Governor's Action Deadline Midnight, March 27, 2017
2017-02-23Enrolled Bill Communicated to Governor on 2/23/17
2017-02-22Signed by Speaker
2017-02-22Signed by President
2017-02-22Bill text as passed Senate and House (SB991ER)
2017-02-22Enrolled
2017-02-17VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
2017-02-17Passed House BLOCK VOTE (99-Y 0-N)
2017-02-17Read third time
2017-02-16Read second time
2017-02-14Reported from General Laws (22-Y 0-N)
2017-02-08Referred to Committee on General Laws
2017-02-08Read first time
2017-02-08Placed on Calendar
2017-02-03Read third time and passed Senate (40-Y 0-N)
2017-02-02Engrossed by Senate - committee substitute SB991S1
2017-02-02Committee substitute agreed to 17104908D-S1
2017-02-02Reading of substitute waived
2017-02-02Read second time
2017-02-01Constitutional reading dispensed (40-Y 0-N)
2017-01-30Committee substitute printed 17104908D-S1
2017-01-30Reported from General Laws and Technology with substitute (14-Y 1-N)
2017-01-03Referred to Committee on General Laws and Technology
2017-01-03Prefiled and ordered printed; offered 01/11/17 17101453D

Sponsors

Name District
Rosalyn DanceSD-016
Lynwood LewisSD-006
Monty MasonSD-001