l9n/ Oregon

2013 Regular Session

Senate Bill 558

Requires beneficiary under residential trust deed to request resolution conference with grantor for purposes of negotiating foreclosure avoidance measure, unless beneficiary is eligible to claim exemption from requirement.

Became law as Chapter 304, Oregon Laws 2013, signed June 4, 2013, 110 days after it was filed. In force from June 4, 2013.

What it does

The synopsis the Legislative Assembly published with the bill.

Requires beneficiary under residential trust deed to request resolution conference with grantor for purposes of negotiating foreclosure avoidance measure, unless beneficiary is eligible to claim exemption from requirement. Specifies manner in which beneficiary must request resolution conference. Permits grantor to request resolution conference under certain circumstances. Specifies documents that beneficiary and grantor must provide and specifies procedure for and duties of beneficiary and grantor with respect to resolution conference. Requires beneficiary to obtain certificate of compliance after resolution conference in order to foreclose residential trust deed. Specifies conditions under which beneficiary may obtain certificate of compliance. Changes name of Foreclosure Avoidance Mediation Fund to Foreclosure Avoidance Fund and continuously appropriates moneys in fund to Attorney General for purposes of paying <i>service provider to coordinate</i>] <b>expenses of coordinating</b> program to implement provisions of Act and paying related expenses. Requires beneficiary to send notice to grantor if beneficiary determines that grantor is not eligible for foreclosure avoidance measure or has not complied with terms of foreclosure avoidance measure. Becomes operative <i>91</i>] <b>61</b> days after effective date of Act. 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

7 co-sponsors

Alan Bates, Peter Courtney, Richard Devlin, Chris Edwards, Laurie Monnes Anderson, Arnie Roblan, Chip Shields

In the House of Representatives

    2 co-sponsors

    Paul Holvey, Joe Gallegos

    Its course

    February 14 to June 6, 2013, 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 action23 actions on 22 days

    In the SenateFeb 14 to Apr 1661 days

    Waiting for a committeeFeb 14 to Feb 195 days

    In the House of RepresentativesApr 16 to May 2236 days

    Waiting for a committeeApr 16 to Apr 248 days

    With the GovernorMay 22 to Jun 413 days

    Votes

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

    • Senate, third reading22–7

      Passed · Apr 16 · 1 present

    • House of Representatives, third reading45–12

      Passed · May 22 · 3 present

    Amendments

    Each amendment offered, and what became of it.

    • Senate committee amendmentAdopted

      Adopted Apr 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 Senate Feb 14 – Apr 16

    1. Introduced
    2. Sent to General Government, Consumer and Small Business Protection
    3. Heard in General Government, Consumer and Small Business Protection
    4. Heard in General Government, Consumer and Small Business Protection
    5. Heard in General Government, Consumer and Small Business Protection
    6. Heard in General Government, Consumer and Small Business Protection
    7. General Government, Consumer and Small Business Protection recommended it as amended
    8. Read a second time
    9. Passed the Senate, 22 to 7

    In the House of Representatives Apr 17 – May 22

    1. Arrived in the House of Representatives
    2. Sent to Consumer Protection and Government Efficiency
    3. Heard in Consumer Protection and Government Efficiency
    4. Heard in Consumer Protection and Government Efficiency
    5. Consumer Protection and Government Efficiency recommended it
    6. Read a second time
    7. Passed the House of Representatives, 45 to 12

    To the Governor May 23 – Jun 6

    1. Signed in the Senate
    2. Signed in the House of Representatives
    3. Signed by the Governor
    4. Became chapter 304 of Oregon Laws 2013
    5. In force from June 4, 2013
    All 23 actions, as published