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Bills · 2019-2020 Regular Session

AB 489

Died at session end Official bill text Atom feed

Relating to: the priority of a mortgage executed to an institution chartered by the federal Farm Credit Administration.

Agricultural credit Mortgage

  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

Current law provides that certain mortgages on real property that are duly

recorded have priority over certain other liens on the same real property, for example,

construction liens. This bill adds to the list of mortgages that have priority a

mortgage executed to an institution chartered by the federal Farm Credit

Administration that is part of the federal Farm Credit System.

Sponsors

Introduced by: Ballweg (R) , Edming (R) , Hebl (D) , Krug (R) , Skowronski (R) , Spreitzer (D) , Tusler (R) , VanderMeer (R)

5 cosponsors

Cowles (R) , Erpenbach (D) , Marklein (R) , Miller (D) , Testin (R)

Votes

Assembly: Report passage recommended by Committee on Financial Institutions, Ayes 15, Noes 0

Passed 15–0 Dec 26, 2019 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Oct 1, 2019 · Assembly

    Introduced by Representatives Ballweg, Hebl, Edming, Krug, Skowronski, Spreitzer, Tusler and VanderMeer; cosponsored by Senators Marklein, Miller, Cowles, Erpenbach and Testin

  2. Oct 1, 2019 · Assembly

    Read first time and referred to Committee on Financial Institutions

  3. Oct 30, 2019 · Assembly

    Public hearing held

  4. Nov 5, 2019 · Assembly

    Executive action taken

  5. Dec 26, 2019 · Assembly

    Report passage recommended by Committee on Financial Institutions, Ayes 15, Noes 0

  6. Dec 26, 2019 · Assembly

    Referred to committee on Rules

  7. Apr 1, 2020 · Assembly

    Failed to pass pursuant to Senate Joint Resolution 1