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IN HB1097
Bill
Status
1/5/2017
Primary Sponsor
Charles Burton
Click for details
AI Summary
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Extends the expiration date of the $50 mortgage foreclosure counseling and education fee from July 1, 2017, to July 1, 2019.
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Parties filing mortgage foreclosure actions must continue paying the $50 fee to support foreclosure counseling and education programs.
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Fee proceeds are deposited into the home ownership education account within the state general fund.
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Updates Indiana Code citations IC 5-20 and IC 33-37 to reflect the extended expiration date.
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Becomes effective upon passage and includes an emergency declaration.
Legislative Description
Foreclosure counseling and education fee. Extends from July 1, 2017, to July 1, 2019, the date for the expiration of the $50 mortgage foreclosure counseling and education fee that must be paid by a party filing an action to foreclose a mortgage. Makes conforming amendments.
Last Action
Representative Klinker added as coauthor
2/2/2017