HB2916 2011 Regular Session - Oregon Legislative Information System

2011 Regular Session

HB 2916 Enrolled

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Overview

At the request of:	(at the request of John Bacon)
Chief Sponsors: Add Remove
Regular Sponsors: Add Remove
Bill Title:	Relating to residual debts following short sales of residential property; and declaring an emergency.
Catchline/Summary:	Prohibits lender or assignee of lender from bringing action or otherwise seeking payment for residual debt following short sale if lender reports to Internal Revenue Service that, for specified reasons, lender has canceled all or portion of borrower's debt under real estate loan agreement and if lender provides to borrower written evidence of report.
Chapter Number:	Chapter 480
Fiscal Impact:	No Fiscal Impact
Revenue Impact:	No Revenue Impact
Measure Analysis:	Staff Measure Summary / Impact Statements
Current Location:	Chapter Number Assigned
Current Committee:
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations:	Potential Conflicts of Interest/Vote Explanation Documents

Sponsor Change Confirmation

Oregon Legislative Assembly - Public Testimony Registration Form

You are registering to speak about: HB 2916

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