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CT HB05292

Bill

Status

Introduced

2/18/2016

Primary Sponsor

Banking Committee

Click for details

Origin

House of Representatives

2016 General Assembly

AI Summary

  • Removes the December 31, 2017 expiration date from section 49-31p, making permanent the requirement that successors in interest provide 90 days' notice to tenants before eviction in federally-related mortgage foreclosures.

  • Requires successors in interest to honor existing lease terms for bona fide tenants, except when the new owner will occupy the property as a primary residence (with 90 days' notice).

  • Removes the December 31, 2017 expiration date from section 49-31q, permanently protecting tenants receiving federal Housing Choice Voucher assistance from eviction solely due to foreclosure.

  • Mandates that immediate successors in foreclosure assume existing leases and housing assistance payment contracts for voucher recipients, subject to state or local laws providing greater tenant protections.

  • Effective date for all changes is October 1, 2016.

Legislative Description

An Act Concerning The Protecting Tenants In Foreclosure Act.

Last Action

Public Hearing 02/25

2/19/2016

Committee Referrals

Banking2/18/2016

Full Bill Text

No bill text available