l9n/ Oregon

2021 Regular Session

House Bill 3151

Prohibits lender in reverse mortgage transaction from enforcing requirement to sell or transfer residential real property that secures reverse mortgage loan upon death of borrower for 12-month period following expiration of emergency period if relatives of deceased borrower occupy residential real property.

Did not become law. It stopped in the House of Representatives's Business and Labor Committee on June 26, 2021. The 2021 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Prohibits lender in reverse mortgage transaction from enforcing requirement to sell or transfer residential real property that secures reverse mortgage loan upon death of borrower for 12-month period following expiration of emergency period if relatives of deceased borrower occupy residential real property. Sunsets one year following expiration of emergency period. 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

Its course

February 9 to June 26, 2021, 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 3 days

In the House of RepresentativesFeb 9 to Jun 26 · stopped137 days

Waiting for a committeeFeb 9 to Feb 123 days

Business and LaborFeb 12 to Jun 26 · stopped134 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 House of Representatives Feb 9 – Jun 26

  1. Feb 9Introduced
  2. Feb 12Sent to Business and Labor
  3. Jun 26Died when the session ended
All 3 actions, as published
  1. Feb 9First reading. Referred to Speaker's desk.House of Representatives
  2. Feb 12Referred to Business and Labor.House of Representatives
  3. Jun 26In committee upon adjournment.House of Representatives