CS/CS/HB 353 (2022) -  Mortgage Payoff Letters

General Bill by Civil Justice & Property Rights Subcommittee and Insurance & Banking Subcommittee and 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.
Effective Date: October 1, 2022
Last Event: Died on Second Reading Calendar on Monday, March 14, 2022 1:03 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: HB 335 Subject: Satisfaction of Mortgages Relationship: Similar
Bill #: CS/SB 1016 Subject: Mortgage Payoff Letters Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Commerce Committee 2/24/2022 8:52:47 AM
Chamber: House Committee: Commerce Committee 2/21/2022 4:59:04 PM
Chamber: House Committee: Civil Justice & Property Rights Subcommittee 2/16/2022 5:37:30 PM
Chamber: House Committee: Civil Justice & Property Rights Subcommittee 2/14/2022 4:14:06 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/27/2022 7:15:47 PM
Chamber: House Committee: Insurance & Banking Subcommittee 1/25/2022 4:07:31 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died on Second Reading Calendar Time: 03/14/2022 - 1:03 PM Member: Committee: Version: c2
Event: H Indefinitely postponed and withdrawn from consideration Time: 03/12/2022 - 12:00 AM Member: Committee: Version: c2
Event: H Added to Second Reading Calendar Time: 02/24/2022 - 8:54 AM Member: Committee: Version: c2
Event: H Bill released to House Calendar Time: 02/24/2022 - 8:54 AM Member: Committee: Version: c2
Event: H Reported out of Commerce Committee Time: 02/24/2022 - 8:54 AM Member: Committee: Commerce Committee Version: c2
Event: H Favorable by Commerce Committee Time: 02/23/2022 - 6:50 PM Member: Committee: Commerce Committee Version: c2
Event: H Added to Commerce Committee agenda Time: 02/21/2022 - 4:27 PM Member: Committee: Commerce Committee Version: c2
Event: H Now in Commerce Committee Time: 02/18/2022 - 8:51 AM Member: Committee: Commerce Committee Version: c2
Event: H Referred to Commerce Committee Time: 02/18/2022 - 8:51 AM Member: Committee: Commerce Committee Version: c2
Event: H 1st Reading Time: 02/16/2022 - 11:59 PM Member: Committee: Version: c2
Event: H CS Filed Time: 02/16/2022 - 5:41 PM Member: Committee: Version: c2
Event: H Laid on Table under Rule 7.18(a) Time: 02/16/2022 - 5:41 PM Member: Committee: Version: c1
Event: H Reported out of Civil Justice & Property Rights Subcommittee Time: 02/16/2022 - 5:36 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: c1
Event: H Favorable with CS by Civil Justice & Property Rights Subcommittee Time: 02/16/2022 - 12:10 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: c1
Event: H PCS added to Civil Justice & Property Rights Subcommittee agenda Time: 02/14/2022 - 4:04 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: c1
Event: H Now in Civil Justice & Property Rights Subcommittee Time: 02/01/2022 - 9:37 AM Member: Committee: Civil Justice & Property Rights Subcommittee Version: c1
Event: H Referred to Commerce Committee Time: 02/01/2022 - 9:37 AM Member: Committee: Commerce Committee Version: c1
Event: H Referred to Civil Justice & Property Rights Subcommittee Time: 02/01/2022 - 9:37 AM Member: Committee: Civil Justice & Property Rights Subcommittee Version: c1
Event: H 1st Reading Time: 01/28/2022 - 5:18 PM Member: Committee: Version: c1
Event: H CS Filed Time: 01/28/2022 - 8:34 AM Member: Committee: Version: c1
Event: H Laid on Table under Rule 7.18(a) Time: 01/28/2022 - 8:34 AM Member: Committee: Version: __
Event: H Reported out of Insurance & Banking Subcommittee Time: 01/27/2022 - 7:17 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Favorable with CS by Insurance & Banking Subcommittee Time: 01/27/2022 - 11:27 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H PCS added to Insurance & Banking Subcommittee agenda Time: 01/25/2022 - 4:01 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H 1st Reading Time: 01/11/2022 - 9:25 PM Member: Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 11/05/2021 - 12:37 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 11/05/2021 - 12:37 PM Member: Committee: Commerce Committee Version: __
Event: H Referred to Civil Justice & Property Rights Subcommittee Time: 11/05/2021 - 12:37 PM Member: Committee: Civil Justice & Property Rights Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 11/05/2021 - 12:37 PM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 10/19/2021 - 4:15 PM Member: Fabricio Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
701.04 HB 335, CS/SB 1016
701.041 HB 335, CS/SB 1016