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Bills · 2009-2010 Regular Session

AB 816

Died at session end Official bill text Atom feed

state contracts with financial institutions with foreclosures in the state.

  1. Introduced, stopped here
  2. Passes Assembly, not reached
  3. Passes Senate, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

Under current law, with numerous exceptions, if a state agency contracts for

services, the services must be obtained from the lowest responsible bidder or the

person submitting the most advantageous competitive sealed proposal. This bill

creates an exception by prohibiting an agency that is contracting for services from

contracting with a financial institution unless the financial institution certifies that

it does not own 100 or more residential properties in this state from foreclosure

actions on residential mortgages.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: A. Williams (D) , Berceau (D) , Pasch (D) , Richards (D) , Sinicki (D) , Turner (D)

1 cosponsors

Taylor (D)

Full history

  1. Mar 9, 2010 · Assembly

    Introduced by Representatives Richards, Turner, A. Williams, Pasch, Berceau and Sinicki;Cosponsored by Senator Taylor

  2. Mar 9, 2010 · Assembly

    Read first time and referred to committee on Financial Institutions

  3. Mar 31, 2010 · Assembly

    Fiscal estimate received

  4. Apr 7, 2010 · Assembly

    Public hearing held

  5. Apr 13, 2010 · Assembly

    Fiscal estimate received

  6. Apr 28, 2010 · Assembly

    Failed to pass pursuant to Senate Joint Resolution 1