l9n/ Oregon

2010 Special Session

House Bill 3656

Provides that interest in property covered by trust deed is terminated and foreclosed as to person that was given notice of trustee's sale.

Became law as Chapter 48, Oregon Laws 2010, signed March 10, 2010, 37 days after it was filed. In force from March 10, 2010.

What it does

The synopsis the Legislative Assembly published with the bill.

Provides that interest in property covered by trust deed is terminated and foreclosed as to person that was given notice of trustee's sale. <i>Provides that bar against action for deficiency applies to property covered by trust deed, not just property covered by residential trust deed. Removes requirement that debt evidenced by note, bond or other obligation must be owed to beneficiary in residential trust deed that was subject to trustee's sale or foreclosure.</i>] <b>Clarifies circumstances in which bar against action for deficiency applies to property.</b> Declares emergency, effective on passage.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

    1 co-sponsor

    HCPGA

    Its course

    February 1 to March 10, 2010, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

    Each committee stop sits inside its chamber.

    Every action19 actions on 13 days

    In the House of RepresentativesFeb 1 to Feb 1514 days

    Waiting for a committeeFeb 1 to Feb 21 day

    In the SenateFeb 15 to Feb 205 days

    Waiting for a committeeFeb 15 to Feb 161 day

    With the GovernorFeb 20 to Mar 1018 days

    Votes

    Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

    • House of Representatives, third reading58–0

      Passed · Feb 15 · 2 present

    • Senate, third reading29–0

      Passed · Feb 20 · 1 present

    Amendments

    Each amendment offered, and what became of it.

    • House of Representatives committee amendmentAdopted

      Adopted Feb 12

    Text

    Each version as the Legislative Assembly printed it.

    l9n doesn't hold this bill's text yet.

    What happened

    In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

    In the House of Representatives Feb 1 – Feb 15

    1. Introduced
    2. Sent to Consumer Protection and Government Accountability
    3. Heard in Consumer Protection and Government Accountability
    4. Heard in Consumer Protection and Government Accountability
    5. Consumer Protection and Government Accountability recommended it as amended
    6. Read a second time
    7. Passed the House of Representatives, 58 to 0

    In the Senate Feb 16 – Feb 20

    1. Arrived in the Senate
    2. Sent to Consumer Protection and Public Affairs
    3. Heard in Consumer Protection and Public Affairs
    4. Consumer Protection and Public Affairs recommended it
    5. Read a second time
    6. Passed the Senate, 29 to 0

    To the Governor Feb 24 – Mar 10

    1. Signed in the House of Representatives
    2. Signed in the Senate
    3. Signed by the Governor
    4. Became chapter 48 of Oregon Laws 2010, in force from March 10, 2010
    All 19 actions, as published