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CT HB06595

Bill

Official Source

Status

Introduced

1/29/2019

Primary Sponsor

Stephen Harding

Click for details

Origin

House of Representatives

2019 General Assembly

AI Summary

  • Requires mortgage companies to release at least a portion of insurance funds received for homeowner property damage claims to the homeowners themselves
  • Release of funds is conditioned on the homeowner having entered into a contract with a contractor to repair the property damage
  • Amends Connecticut general statutes to establish this requirement
  • Referred to Committee on Banking
  • Introduced by Rep. Harding (107th District) in January 2019 session

Legislative Description

An Act Requiring Mortgage Companies To Release Certain Funds To Homeowners For The Repair Of Property Damage.

Last Action

Referred to Joint Committee on Banking

1/29/2019

Committee Referrals

Banking1/29/2019

Full Bill Text

No bill text available