HB880
Common interest communities; foreclosure remedy.
Summary
As Passed House of Origin. Common interest communities; foreclosure remedy.
Prohibits certain bills to enforce a lien from being entertained if the real estate is the judgment debtor's primary residence and the judgment is for assessments levied by certain common interest community associations if the amount secured by one or more judgments exclusive of interest and costs does not exceed ... (More) $5,000. The bill also requires such common interest community associations to maintain individual assessment account records. Finally, the bill requires such associations to maintain records of any recorded lien during the effective duration of such lien. As introduced, the bill was a recommendation of the Virginia Housing Commission. This bill is identical to SB 341. (Less)-
Bill History
- 01/09/2024 - House: Prefiled and ordered printed; offered 01/10/24 24104521D
- 01/09/2024 - House: Referred to Committee on General Laws
- 01/22/2024 - House: Assigned GL sub: Housing/Consumer Protection
- 01/25/2024 - House: House subcommittee amendments and substitutes offered
- 01/25/2024 - House: Subcommittee recommends reporting with substitute (6-Y 2-N)
- 01/30/2024 - House: Reported from General Laws with substitute (22-Y 0-N)
- 01/30/2024 - House: Committee substitute printed 24105985D-H1
- 01/31/2024 - House: Impact statement from DPB (HB880)
- 02/01/2024 - House: Read first time
- 02/02/2024 - House: Read second time
- 02/02/2024 - House: Committee substitute agreed to 24105985D-H1
- 02/02/2024 - House: Engrossed by House - committee substitute HB880H1
- 02/05/2024 - House: Impact statement from DPB (HB880H1)
- 02/05/2024 - House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
- 02/05/2024 - House: VOTE: Block Vote Passage (98-Y 0-N)
- 02/06/2024 - Senate: Constitutional reading dispensed
- 02/06/2024 - Senate: Referred to Committee on General Laws and Technology
- 02/14/2024 - Senate: Reported from General Laws and Technology (15-Y 0-N)
- 02/16/2024 - Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/19/2024 - Senate: Read third time
- 02/19/2024 - Senate: Passed Senate (39-Y 0-N)
- 02/22/2024 - House: Enrolled
- 02/22/2024 - House: Bill text as passed House and Senate (HB880ER)
- 02/22/2024 - House: Impact statement from DPB (HB880ER)
- 02/22/2024 - House: Signed by Speaker
- 02/25/2024 - Senate: Signed by President
- 03/01/2024 - House: Enrolled Bill communicated to Governor on March 1, 2024
- 03/01/2024 - Governor: Governor's Action Deadline 11:59 p.m., March 8, 2024
- 03/08/2024 - Governor: Approved by Governor-Chapter 55 (effective 7/1/24)
- 03/08/2024 - Governor: Acts of Assembly Chapter text (CHAP0055)
