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HB 1288 - Foreclosure Prevention and Neighborhood Stabilization Act of 2012
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Tracking Level: No Position
Sponsor: Delegate Carter
Last Action: 3/20/2012 - H Unfavorable Report by Environmental Matters
House Committee:
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Staff Analysis of the Legislation


Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text
BILL INFO-2012 Regular Session-HB 1288
2012 Regular Session

HOUSE BILL 1288

File Code: Real Property Crossfiled with: SENATE BILL 786
Sponsored By:
Delegate Carter
Entitled:
Foreclosure Prevention and Neighborhood Stabilization Act of 2012

Synopsis:

Requiring a secured party to file a specified request for foreclosure mediation at one of two points in a specified foreclosure proceeding; requiring the court to stay foreclosure proceedings until the conclusion of foreclosure mediation under specified circumstances; requiring the Department of Housing and Community Development to establish and maintain a Foreclosed Property Registry; establishing a tax credit for the purchase of residential property in a foreclosure hotspot; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
House Action
2/15
First Reading House Rules and Executive Nominations
2/27
Re-referred Environmental Matters
2/28
Hearing 3/15 at 1:00 p.m.
3/20
Unfavorable Report by Environmental Matters
Senate Action
No Action

Bill indexed under the following Subjects:

Administrative Hearings, Office of
Community Development
Courts -see also- Circuit; Appeals; District; Orphans'; etc.
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.
Fines -see also- Penalties and Sentences
Foreclosure
Housing and Community Development, Department of
Mediation -see also- Arbitration
Mortgages
Notices
Penalties and Sentences -see also- Death Penalty
Real Property
Registration -see also- Motor Vehicle Registration
Reports
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Real Property
( 7-105.1 , 14-126 )
Tax - Property
( 9-110 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
Committee Votes :
House
Environmental Matters