Legislature(1999 - 2000)

1999-03-11 House Journal

Full Journal pdf

1999-03-11                     House Journal                      Page 0423
HB 13                                                                        
The Finance Committee has considered the following, which had been             
on the calendar (page 164) and was returned to the Rules Committee             
and later referred to the Finance Committee (page 265):                        
                                                                               
CS FOR HOUSE BILL NO. 13(L&C) am                                              
"An Act relating to the characterization of, use of, segregation of,          
deposit of, interest on, and disbursement of escrow money; relating            
to the recording, filing, and delivery of escrow documents; relating           
to civil penalties for violations of certain escrow provisions by              
escrow settlement agents; relating to the supervision by the                   
Department of Commerce and Economic Development of escrow                      
settlement agents; authorizing the adoption of regulations to                  
implement certain escrow provisions; and providing for an                      
effective date."                                                               
                                                                               
and recommends it be replaced with:                                            
                                                                               
CS FOR HOUSE BILL NO. 13(FIN)                                                 
"An Act relating to the characterization of, use of, segregation of,          
deposit of, interest on, and disbursement of escrow money; relating            

1999-03-11                     House Journal                      Page 0424
HB 13                                                                        
to the recording, filing, and delivery of escrow documents;                   
authorizing civil actions for violations of certain escrow                     
requirements; and providing for an effective date."                            
                                                                               
The report was signed by Representatives Therriault and Mulder, Co-            
chairs, with the following individual recommendations:                         
                                                                               
Do pass (6):  Therriault, Bunde, Foster, Kohring, Austerman, Williams          
                                                                               
No recommendation (5):  Mulder, Davies, Grussendorf, Moses, Davis              
                                                                               
The following fiscal note applies to CSHB 13(FIN):                             
                                                                               
Zero fiscal note, House Finance Committee/Dept. of Commerce &                  
Economic Development, 3/11/99                                                  
                                                                               
CSHB 13(L&C) am was returned to the Rules Committee for                        
placement on the calendar.