Florida Senate Bill 1236 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on May 3 2013 - 100% progression
Action: 2013-05-03 - Died in Judiciary
Text: Latest bill text (Introduced) [HTML]

Creating the "Mortgage Principal Reduction Act"; requiring that the Florida Housing Finance Corporation apply to the United States Department of the Treasury by a specified date to request funds not to exceed a specified amount from the federal Hardest-Hit Fund program to establish a new state program to reduce the principal on mortgages for persons whose homestead property in this state is in foreclosure; requiring the corporation to use the allocated funds to purchase delinquent mortgages on such property from lenders at a discount to reduce the mortgage principal amount due on the mortgage, etc.

Mortgage Principal Reduction Program

Sen. Darren Soto [D]

Date	Chamber	Action
2013-05-03	Senate	Died in Judiciary
2013-03-05	Senate	Introduced
2013-03-01	Senate	Referred to Judiciary; Banking and Insurance; Appropriations Subcommittee on Transportation, Tourism, and Economic Development; Appropriations
2013-02-27	Senate	Filed

H1303 (Same As) 2013-05-03 - Died in Economic Development and Tourism Subcommittee

Type	Source
Summary	http://www.flsenate.gov/Session/Bill/2013/1236
Text	http://www.flsenate.gov/Session/Bill/2013/1236/BillText/Filed/HTML