l9n/ Oregon

2015 Regular Session

House Bill 3244

Provides that borrower or borrower's agent may rely on lender's payoff statement for amount required to discharge mortgage or perform obligation necessary to request reconveyance of estate of real property described in trust deed until after lender delivers amended payoff statement.

Became law as Chapter 431, Oregon Laws 2015, signed June 16, 2015, 109 days after it was filed. In force from June 16, 2015.

What it does

The synopsis the Legislative Assembly published with the bill.

Provides that borrower or borrower's agent may rely on lender's payoff statement for amount required to discharge mortgage or perform obligation necessary to request reconveyance of estate of real property described in trust deed <i>unless</i>] <b>until after</b> lender delivers amended payoff statement. Provides that lender may recover amounts that borrower owes that do not appear in payoff statement <b>or amended payoff statement</b> only as unsecured debt or by foreclosing other property that secures obligation<b> if borrower or borrower's agent satisfies obligation set forth in payoff statement or amended payoff statement</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

    HBL

    Its course

    February 27 to June 24, 2015, 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 18 days

    In the House of RepresentativesFeb 27 to Apr 3062 days

    Waiting for a committeeFeb 27 to Mar 56 days

    Business and LaborMar 5 to Apr 2349 days

    In the SenateApr 30 to Jun 435 days

    Waiting for a committeeApr 30 to May 55 days

    Business and TransportationMay 5 to Jun 329 days

    With the GovernorJun 4 to Jun 1612 days

    Votes

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

    • House of Representatives, third reading58–0

      Passed · Apr 30 · 2 present

    • Senate, third reading27–0

      Passed · Jun 4 · 3 present

    Amendments

    Each amendment offered, and what became of it.

    • House of Representatives committee amendmentAdopted

      Adopted Apr 23

    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 27 – Apr 30

    1. Feb 27Introduced
    2. Mar 5Sent to Business and Labor
    3. Mar 20Heard in Business and Labor
    4. Apr 17Heard in Business and Labor
    5. Apr 23Business and Labor recommended it as amended
    6. Apr 27Read a second time
    7. Apr 30Passed the House of Representatives, 58 to 0

    In the Senate May 4 – Jun 4

    1. May 4Arrived in the Senate
    2. May 5Sent to Business and Transportation
    3. May 27Heard in Business and Transportation
    4. Jun 3Business and Transportation recommended it
    5. Read a second time
    6. Jun 4Passed the Senate, 27 to 0

    To the Governor Jun 8 – Jun 24

    1. Jun 8Signed in the House of Representatives
    2. Jun 10Signed in the Senate
    3. Jun 16Signed by the Governor
    4. Jun 24Became chapter 431 of Oregon Laws 2015, in force from June 16, 2015
    All 19 actions, as published
    1. Feb 27First reading. Referred to Speaker's desk.House of Representatives
    2. Mar 5Referred to Business and Labor.House of Representatives
    3. Mar 20Public Hearing held.House of Representatives
    4. Apr 17Work Session held.House of Representatives
    5. Apr 23Recommendation: Do pass with amendments and be printed A-Engrossed.House of Representatives
    6. Apr 27Second reading.House of Representatives
    7. Apr 28Rules suspended. Carried over to April 29, 2015 Calendar.House of Representatives
    8. Apr 29Rules suspended. Carried over to April 30, 2015 Calendar.House of Representatives
    9. Apr 30Third reading. Carried by Esquivel. Passed.House of Representatives
    10. May 4First reading. Referred to President's desk.Senate
    11. May 5Referred to Business and Transportation.Senate
    12. May 27Public Hearing and Work Session held.Senate
    13. Jun 3Recommendation: Do pass the A-Eng. bill.Senate
    14. Jun 3Second reading.Senate
    15. Jun 4Third reading. Carried by Girod. Passed.Senate
    16. Jun 8Speaker signed.House of Representatives
    17. Jun 10President signed.Senate
    18. Jun 16Governor signed.House of Representatives
    19. Jun 24Chapter 431, (2015 Laws): Effective date June 16, 2015.House of Representatives