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CT HB05352

Bill

Official Source

Status

Introduced

1/19/2011

Primary Sponsor

Kim Rose

Click for details

Origin

House of Representatives

2011 General Assembly

AI Summary

  • Amends Connecticut General Statutes Section 36a to prohibit assessment of title insurance fees when a mortgage loan is refinanced
  • Restricts title insurance fees to a single assessment at the time the original mortgage loan is made
  • Intended to reduce costs for homeowners who refinance their mortgages by eliminating duplicate title insurance charges
  • Referred to the Committee on Banks
  • Introduced by Rep. Rovero (51st District) during the January 2011 session

Legislative Description

An Act Prohibiting The Assessment Of Title Insurance Fees Upon The Refinancing A Mortgage Loan.

Last Action

Public Hearing 02/10

2/4/2011

Committee Referrals

Banks1/19/2011

Full Bill Text

No bill text available