Became law as Public Act 08-176, signed June 12, 2008, 112 days after it was filed.
2008 Regular Session
House Bill 5577
AN ACT CONCERNING RESPONSIBLE LENDING AND ECONOMIC SECURITY.
What it does
The synopsis the General Assembly published with the bill.
To create and fund a multitiered mortgage assistance program within the Department of Economic and Community Development; to create a right to appeal to the Banking Commissioner for a six-month moratorium on bank action; to prohibit certain lending and brokering practices; to prohibit influence of appraisals; to establish on-line continuing education requirements for certain entities in the mortgage lending industry; to permit tenants to terminate leases on foreclosed homes; to provide for court appointment of counsel in a foreclosure action; to establish a Mortgage Crisis Job Training Team within CTWorks One Stop Career Centers; and to increase surety bond requirements for mortgage lenders and brokers.
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
Sponsor
19 co-sponsors
Minnie Gonzalez, Beth Bye, Christopher L. Caruso, Elissa T. Wright, David McCluskey, Andrew M. Fleischmann, Patricia A. Dillon, Patricia M. Widlitz, Terry Backer, Emil "Buddy" Altobello, Sandy H. Nafis, Andres Ayala Jr., Bruce V. Morris, Joseph S. Mioli, Larry B. Butler, Carlo Leone, Gail K. Hamm, Felipe Reinoso, Bruce Zalaski
In the Senate
Its course
February 21 to June 12, 2008, 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 action32 actions on 16 days
In the House of RepresentativesFeb 21 to May 574 days
Banking CommitteeFeb 21 to Mar 412 days
Judiciary CommitteeApr 3 to Apr 118 days
Finance, Revenue and Bonding CommitteeApr 15 to Apr 227 days
In the SenateMay 5 to May 72 days
Waiting to be sentMay 7 to May 2922 days
With the GovernorMay 29 to Jun 1214 days
Amendments
Each amendment offered, and what became of it.
House of Representatives floor amendmentAdopted
Adopted May 5 · Adopted May 7
Text
Each version as the General 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 General Assembly published it is below.
In the House of Representatives Feb 21 – May 5
- Feb 21Introduced and sent to Banking Committee
- Feb 22Heard in Banking Committee
- Mar 4Banking Committee recommended a substitute for it
- Apr 3Sent to Judiciary Committee
- Apr 11Judiciary Committee recommended it
- Apr 15Sent to Finance, Revenue and Bonding Committee
- Apr 22Finance, Revenue and Bonding Committee recommended it
- May 5The House of Representatives adopted House of Representatives Amendment A
- Passed the House of Representatives with House of Representatives Amendment A
In the Senate May 5 – May 7
- May 5Sent to the Senate
- May 7The Senate adopted House of Representatives Amendment A
- Passed the Senate with House of Representatives Amendment A
To the Governor May 27 – Jun 12
- May 27Numbered Public Act 08-176
- May 29Sent to the Secretary of the State
- Jun 12Signed by the Governor
All 32 actions, as published
- Feb 21REF. TO JOINT COMM. ONBoth houses
- Feb 22PUBLIC HEARINGBoth houses
- Mar 4Joint Favorable SubstituteBoth houses
- Mar 5FILED WITH LCOBoth houses
- Mar 14REFERRED TO OLR, OFABoth houses
- Mar 20RPTD. OUT OF LCOBoth houses
- Mar 20FAV. RPT., TABLED FOR HOUSE CALENDARHouse of Representatives
- Mar 20HOUSE CALENDAR NUMBERHouse of Representatives
- Mar 20FILE NO.Both houses
- Apr 3REF. BY HOUSE TO COMMITTEE ONHouse of Representatives
- Apr 11Joint FavorableBoth houses
- Apr 11FILED WITH LCOBoth houses
- Apr 14RPTD. OUT OF LCOBoth houses
- Apr 14NO NEW FILE BY COMM. ONBoth houses
- Apr 14TABLED FOR HOUSE CALENDARHouse of Representatives
- Apr 15REF. BY HOUSE TO COMMITTEE ONHouse of Representatives
- Apr 22Joint FavorableBoth houses
- Apr 22FILED WITH LCOBoth houses
- Apr 22RPTD. OUT OF LCOBoth houses
- Apr 22NO NEW FILE BY COMM. ONBoth houses
- Apr 22TABLED FOR HOUSE CALENDARHouse of Representatives
- May 5HOUSE ADOPTED HOUSE AMEND. SCH.House of Representatives
- May 5HOUSE PASSED, HOUSE AMEND. SCH.House of Representatives
- May 5TRANSMITTED PURSUANT TO JOINT RULES.Both houses
- May 5FAV. RPT., TAB. FOR CAL., SEN.Senate
- May 5SENATE CALENDAR NUMBERSenate
- May 7SEN. ADOPTED HO. AMEND. SCH.Senate
- May 7SEN. PASSED, HO. AMEND. SCH.Senate
- May 7IN CONCURRENCESenate
- May 27PUBLIC ACTBoth houses
- May 29TRANSMITTED TO SECRETARY OF THE STATEBoth houses
- Jun 12SIGNED BY GOVERNORGovernor