l9n/ Oregon

2012 Regular Session

Senate Bill 1576

Requires beneficiary or beneficiary's agent under residential trust deed to send notice of mediation and enter into mediation with grantor for purpose of agreeing to foreclosure avoidance measure.

Did not become law. It stopped in the Senate's General Government, Consumer and Small Business Protection Committee on March 5, 2012. The 2012 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Requires beneficiary or beneficiary's agent under residential trust deed to send notice of mediation and enter into mediation with grantor for purpose of agreeing to foreclosure avoidance measure. Specifies form and content of notice of mediation, date by which notice must be sent and method of service. Specifies duties of beneficiary or beneficiary's agent with respect to mediation. Requires beneficiary or beneficiary's agent to record certificate of compliance from mediation service provider in order to proceed with foreclosure of trust deed. Permits grantor that is at risk of default to request mediation with beneficiary or beneficiary's agent. 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 Senate

2 co-sponsors

Alan Olsen, Chris Telfer

Its course

February 1 to March 5, 2012, 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 action3 actions on 2 days

In the SenateFeb 1 to Mar 5 · stopped33 days

Waiting for a committeeFeb 1 to Feb 10 days

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 Senate Feb 1 – Mar 5

  1. Introduced
  2. Sent to General Government, Consumer and Small Business Protection
  3. Died when the session ended
All 3 actions, as published