l9n/ Oregon

2019 Regular Session

House Bill 2459

Permits person or agent of person that holds lien that encumbers real property to request statement from person that holds another lien that also encumbers same real property of amount that is necessary to pay off other lien.

Became law as Chapter 140, Oregon Laws 2019, signed May 22, 2019, 128 days after it was filed. In force from January 1, 2020.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>Provides procedure for certain persons that hold interest in real property to request and obtain lien information statement that shows amounts necessary to satisfy encumbrance against real property from other person that holds encumbrance.</i>] <i>Requires encumbrance holder to respond to request for lien information statement within 30 days after receiving request. Permits encumbrance holder to require evidence that person requesting lien information statement is authorized recipient. Specifies model form for request and information that lien information statement must include.</i>] <i>Provides remedies for encumbrance holder's failure to provide lien information statement or to postpone action or proceeding to enforce encumbrance to allow reasonable time for authorized recipient to satisfy encumbrance.</i>] <i>Permits authorized recipient to treat lien information statement as payoff statement for purposes of satisfying obligation that encumbrance secures.</i>] <b>Permits person or agent of person that holds lien that encumbers real property to request statement from person that holds another lien that also encumbers same real property of amount that is necessary to pay off other lien. Permits person that receives request to provide statement without permission of obligor on other lien unless federal or state law requires obligor's consent.</b>

Its course

January 14 to May 24, 2019, 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 action18 actions on 16 days

In the House of RepresentativesJan 14 to Apr 1793 days

Waiting for a committeeJan 14 to Jan 184 days

JudiciaryJan 18 to Apr 1587 days

In the SenateApr 17 to May 1528 days

Waiting for a committeeApr 17 to Apr 192 days

JudiciaryApr 19 to May 1324 days

With the GovernorMay 15 to May 227 days

Votes

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

  • House of Representatives, third reading58–0

    Passed · Apr 17 · 2 present

  • Senate, third reading28–0

    Passed · May 15 · 2 present

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Apr 15

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 Jan 14 – Apr 17

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

In the Senate Apr 18 – May 15

  1. Arrived in the Senate
  2. Sent to Judiciary
  3. Heard in Judiciary
  4. Judiciary recommended it
  5. Read a second time
  6. Passed the Senate, 28 to 0

To the Governor May 16 – May 24

  1. Signed in the House of Representatives
  2. Signed in the Senate
  3. Signed by the Governor
  4. Became chapter 140 of Oregon Laws 2019, in force from January 1, 2020
All 18 actions, as published