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SB2329 SD1 HD2     
Measure Title: RELATING TO SECURITY INTERESTS IN REAL PROPERTY.
Report Title: Security Interests; Reassignment or Release of Security Interests; Leases and Rents
Description: Requires a mortgagee or record assignee to provide to a mortgagor or borrower, upon full satisfaction of the mortgage and discharge of the secured debt, a reassignment or release of security interests in leases and rents that served as additional security for the mortgage. Authorizes title insurers or underwritten title companies to make demands on mortgagees and, in the absence of compliance, to reassign or release mortgagees' security interests in leases and rents on behalf of the mortgagee or record assignee, under certain conditions. Authorizes certain entities to institute an action in any circuit court to obtain the release or reassignment instrument in the absence of compliance of a mortgagee or record assignee. (SB2329 HD2)
Companion:  HB1630
Package: None
Current Referral: WAL, CPC, FIN
Introducer(s): BAKER, ENGLISH, KEITH-AGARAN, KIDANI, RUDERMAN, Espero, Ihara, Nishihara, Taniguchi
Act:

Sort by Date Status Text
3/24/2016HReport adopted. referred to the committee(s) on FIN as amended in HD 2 with none voting aye with reservations; none voting no (0) and Representative(s) Kawakami, Kong, Oshiro, Tokioka, Tupola, Woodson excused (6).
3/24/2016HReported from CPC (Stand. Com. Rep. No. 1260-16) as amended in HD 2, recommending referral to FIN.
3/23/2016HThe committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 14 Ayes: Representative(s) McKelvey, Woodson, Belatti, Brower, Creagan, Har, Hashem, C. Lee, Nakashima, San Buenaventura, Takayama, Yamane, Fukumoto Chang, McDermott; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Kawakami, Oshiro.
3/22/2016HBill scheduled for decision making on Wednesday, 03-23-16 2:00PM in conference room 325.
3/21/2016HThe committee(s) on CPC recommend(s) that the measure be deferred until 03-23-16 at 2:00 PM.
3/18/2016HBill scheduled to be heard by CPC on Monday, 03-21-16 3:00PM in House conference room 325.
3/16/2016HPassed Second Reading as amended in HD 1 and referred to the committee(s) on CPC with none voting aye with reservations; none voting no (0) and Representative(s) Kong excused (1).
3/16/2016HReported from WAL (Stand. Com. Rep. No. 1039-16) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
3/14/2016HThe committees on WAL recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Yamane, Cullen, Evans, C. Lee, Nishimoto, Pouha, Thielen; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Ing, Lowen, Say.
3/11/2016HBill scheduled to be heard by WAL on Monday, 03-14-16 10:00AM in House conference room 325.
3/10/2016HReferred to WAL, CPC, FIN, referral sheet 26
3/10/2016HPass First Reading
3/8/2016HReceived from Senate (Sen. Com. No. 141) in amended form (SD 1).
3/8/2016SReport adopted; Passed Third Reading. Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Senator(s) Riviere). Transmitted to House.
3/4/2016SOne Day Notice 03-08-16.
3/4/2016SReported from JDL (Stand. Com. Rep. No. 2687) with recommendation of passage on Third Reading.
3/1/2016SThe committee(s) on JDL recommend(s) that the measure be PASSED, UNAMENDED. The votes in JDL were as follows: 4 Aye(s): Senator(s) Keith-Agaran, Shimabukuro, L. Thielen, Slom; Aye(s) with reservations: none ; 0 No(es): none; and 3 Excused: Senator(s) Gabbard, K.Kahele, Kim.
2/26/2016SThe committee(s) on JDL will hold a public decision making on 03-01-16 9:05AM in conference room 016.
2/5/2016SReport adopted; Passed Second Reading, as amended (SD 1) and referred to JDL.
2/5/2016SReported from CPH (Stand. Com. Rep. No. 2045) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDL.
2/1/2016SThe committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 6 Aye(s): Senator(s) Baker, Kidani, Espero, Ihara, Nishihara, Slom; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Ruderman.
1/28/2016SThe committee(s) on CPH has scheduled a public hearing on 02-01-16 9:00AM in conference room 229.
1/25/2016SReferred to CPH, JDL.
1/25/2016SPassed First Reading.
1/22/2016SIntroduced.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB2329 SD1 HD2
All Versions of this Measure



Hearing Notices
CPH
2/01/16 9:00A
229
JDL
3/01/16 9:05A
016
WAL
3/14/16 10:00A
325
CPC
3/21/16 3:00P
325
CPC
3/23/16 2:00P
325