HB 396/LM/CI (BR 228) - J. Tilley, D. Horlander, M. Meredith
AN ACT relating to secured property.
Create a new section of KRS Chapter 426 to create an expedited sale mechanism for foreclosures involving vacant and abandoned real property; amend KRS 517.060, relating to the offense of defrauding a secured creditor, to include situations where collateral is intentionally damaged and to increase the penalties for the offense.
HB 396 - AMENDMENTS
HCS/LM/CI - Amend to modify the means by which vacancy and abandonment may be proved and to extend the time allowed for a court ordered sale to occur to 70 days.
Feb 13-introduced in House
Feb 14-to Banking & Insurance (H)
Feb 16-posted in committee
Feb 22-reported favorably, 1st reading, to Calendar
Feb 23-2nd reading, to Rules; recommitted to Judiciary (H)
Feb 29-posted in committee
Mar 7-reported favorably, to Rules with Committee Substitute
Mar 14-taken from Rules; placed in the Orders of the Day for Thursday, March 15, 2012
Mar 16-3rd reading, passed 93-0 with Committee Substitute
Mar 19-received in Senate
Mar 21-to Judiciary (S)
Mar 22-reported favorably, 1st reading, to Consent Calendar
Mar 23-2nd reading, to Rules
Mar 27-posted for passage in the Consent Orders of the Day for Tuesday, March 27, 2012; 3rd reading, passed 37-0
Mar 28-received in House; enrolled, signed by Speaker of the House
Mar 30-enrolled, signed by President of the Senate; delivered to Governor
Apr 11-signed by Governor (Acts ch. 93)