CS/CS/CS/HB 861 (2023) - Residential Loan Alternative Agreements

General Bill by Commerce Committee and Judiciary Committee and Regulatory Reform & Economic Development Subcommittee and Robinson, W. (CO-SPONSORS) 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.

Companion Bill passed CS/CS/SB 770 Residential Loan Alternative Agreements By Rules and Commerce and Tourism and Bradley

Effective Date: July 1, 2023

Last Event: Companion bill(s) passed, see CS/CS/SB 770 (Ch. 2023-117) on Thursday, April 20, 2023 10:18 AM; HB Laid on Table

Lobbyist Disclosure Information

Referred Committees and Committee Actions

House Referrals

Regulatory Reform & Economic Development Subcommittee
- On agenda for: 03/09/23 2:00 PM
  View Notice Meeting Packets Action Packets
- Temporarily Postponed (final action) View Meeting Appearances
- On agenda for: 03/16/23 8:00 AM
  View Notice Meeting Packets Action Packets
- Favorable With Committee Substitute (final action) View Meeting Appearances See Votes
Judiciary Committee
- On agenda for: 03/23/23 8:00 AM
  View Notice Meeting Packets Action Packets
- Favorable With Committee Substitute (final action) View Meeting Appearances See Votes
Commerce Committee
- On agenda for: 04/10/23 2:00 PM
  View Notice Meeting Packets Action Packets
- Favorable With Committee Substitute (final action) View Meeting Appearances See Votes

Related Bills

Bill #	Subject	Relationship
Bill #: CS/CS/SB 770	Subject: Residential Loan Alternative Agreements	Relationship: Identical

Bill Text

Committee Substitute 3
Committee Substitute 2
- D 771049 , Robinson, W. (COM) Date Filed: 04/07/23, Line#: 0 House(c): Adopted Without Objection 04/11/2023 03:06 PM
Committee Substitute 1
- D 895623 , Robinson, W. (JDC) Date Filed: 03/22/23, Line#: 0 House(c): Adopted 03/23/2023 01:07 PM
PCS for HB 861 (RRS) Date Published: 03/14/23
Original Filed Version
- A 168609 , Robinson, W. (RRS) Date Filed: 03/08/23, Line#: 19 House(c): Adopted Without Objection 03/09/2023 07:34 PM

Staff Analysis

Chamber	Committee
Chamber: House	Committee: Final Bill Analysis 5/25/2023 3:12:06 PM
Chamber: House	Committee: Final Bill Analysis 5/10/2023 10:25:23 AM
Chamber: House	Committee: Commerce Committee 4/11/2023 6:07:05 PM
Chamber: House	Committee: Commerce Committee 4/6/2023 4:55:55 PM
Chamber: House	Committee: Judiciary Committee 3/23/2023 3:43:47 PM
Chamber: House	Committee: Judiciary Committee 3/21/2023 5:27:52 PM
Chamber: House	Committee: Regulatory Reform & Economic Development Subcommittee 3/16/2023 6:56:25 PM
Chamber: House	Committee: Regulatory Reform & Economic Development Subcommittee 3/14/2023 4:06:05 PM
Chamber: House	Committee: Regulatory Reform & Economic Development Subcommittee 3/7/2023 5:03:03 PM

Vote History

(No Votes Recorded)

Bill History

Event	Time	Member	Committee	Ver.
Event: H Laid on Table; companion bill(s) passed, see CS/CS/SB 770 (Ch. 2023-117)	Time: 04/20/2023 - 10:18 AM	Member:	Committee:	Version: c3
Event: H Substituted CS/CS/SB 770	Time: 04/20/2023 - 10:18 AM	Member:	Committee:	Version: c3
Event: H Bill added to Special Order Calendar (4/20/2023)	Time: 04/13/2023 - 9:27 PM	Member:	Committee:	Version: c3
Event: H Added to Second Reading Calendar	Time: 04/12/2023 - 6:06 PM	Member:	Committee:	Version: c3
Event: H Bill referred to House Calendar	Time: 04/12/2023 - 6:06 PM	Member:	Committee:	Version: c3
Event: H 1st Reading	Time: 04/12/2023 - 5:32 PM	Member:	Committee:	Version: c3
Event: H CS Filed	Time: 04/11/2023 - 6:16 PM	Member:	Committee:	Version: c3
Event: H Laid on Table under Rule 7.18(a)	Time: 04/11/2023 - 6:16 PM	Member:	Committee:	Version: c2
Event: H Reported out of Commerce Committee	Time: 04/11/2023 - 6:10 PM	Member:	Committee: Commerce Committee	Version: c2
Event: H Favorable with CS by Commerce Committee (Amended)	Time: 04/11/2023 - 1:07 PM	Member:	Committee: Commerce Committee	Version: c2
Event: H Added to Commerce Committee agenda	Time: 04/06/2023 - 4:19 PM	Member:	Committee: Commerce Committee	Version: c2
Event: H Now in Commerce Committee	Time: 03/24/2023 - 4:14 PM	Member:	Committee: Commerce Committee	Version: c2
Event: H Referred to Commerce Committee	Time: 03/24/2023 - 4:14 PM	Member:	Committee: Commerce Committee	Version: c2
Event: H 1st Reading	Time: 03/23/2023 - 7:03 PM	Member:	Committee:	Version: c2
Event: H CS Filed	Time: 03/23/2023 - 3:51 PM	Member:	Committee:	Version: c2
Event: H Laid on Table under Rule 7.18(a)	Time: 03/23/2023 - 3:51 PM	Member:	Committee:	Version: c1
Event: H Reported out of Judiciary Committee	Time: 03/23/2023 - 3:44 PM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Favorable with CS by Judiciary Committee	Time: 03/23/2023 - 1:07 PM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Added to Judiciary Committee agenda	Time: 03/21/2023 - 3:58 PM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Now in Judiciary Committee	Time: 03/20/2023 - 1:36 PM	Member:	Committee: Judiciary Committee	Version: c1
Event: H Referred to Commerce Committee	Time: 03/20/2023 - 1:36 PM	Member:	Committee: Commerce Committee	Version: c1
Event: H Referred to Judiciary Committee	Time: 03/20/2023 - 1:36 PM	Member:	Committee: Judiciary Committee	Version: c1
Event: H 1st Reading	Time: 03/17/2023 - 5:40 PM	Member:	Committee:	Version: c1
Event: H CS Filed	Time: 03/17/2023 - 8:36 AM	Member:	Committee:	Version: c1
Event: H Laid on Table under Rule 7.18(a)	Time: 03/17/2023 - 8:36 AM	Member:	Committee:	Version: __
Event: H Reported out of Regulatory Reform & Economic Development Subcommittee	Time: 03/16/2023 - 6:57 PM	Member:	Committee: Regulatory Reform & Economic Development Subcommittee	Version: __
Event: H Favorable with CS by Regulatory Reform & Economic Development Subcommittee	Time: 03/16/2023 - 1:40 PM	Member:	Committee: Regulatory Reform & Economic Development Subcommittee	Version: __
Event: H PCS added to Regulatory Reform & Economic Development Subcommittee agenda	Time: 03/14/2023 - 4:01 PM	Member:	Committee: Regulatory Reform & Economic Development Subcommittee	Version: __
Event: H 1st Reading	Time: 03/07/2023 - 10:01 PM	Member:	Committee:	Version: __
Event: H Added to Regulatory Reform & Economic Development Subcommittee agenda - Temporarily Postponed [House Rule 7.11(d)]	Time: 03/07/2023 - 4:02 PM	Member:	Committee: Regulatory Reform & Economic Development Subcommittee	Version: __
Event: H Now in Regulatory Reform & Economic Development Subcommittee	Time: 02/21/2023 - 5:52 PM	Member:	Committee: Regulatory Reform & Economic Development Subcommittee	Version: __
Event: H Referred to Commerce Committee	Time: 02/21/2023 - 5:52 PM	Member:	Committee: Commerce Committee	Version: __
Event: H Referred to Judiciary Committee	Time: 02/21/2023 - 5:52 PM	Member:	Committee: Judiciary Committee	Version: __
Event: H Referred to Regulatory Reform & Economic Development Subcommittee	Time: 02/21/2023 - 5:52 PM	Member:	Committee: Regulatory Reform & Economic Development Subcommittee	Version: __
Event: H Filed	Time: 02/15/2023 - 2:21 PM	Member: Robinson, W.	Committee:	Version: __

Statutes Referenced by this Bill

Statute	Other Bill Citations
475.279	CS/CS/SB 770