California 2009-2010 Regular Session Status: To Executive

SB 633 — Mortgages: impound accounts.

Last action — Chaptered by Secretary of State. Chapter 57, Statutes of 2009.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2009-2010 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Existing law prohibits requiring an impound, trust, or other type of account for payment of property taxes, insurance premiums, or other purposes relating to the property as a condition of a real property sale contract or a loan secured by a deed of trust or mortgage on real property containing only a single-family, owner-occupied dwelling, except as specified. This bill would include among those exceptions sales where a loan is made in compliance with the requirements for higher priced mortgage loans established in Regulation Z, as defined, whether or not the loan is a higher priced mortgage loan, and where a loan is refinanced or modified in connection with a lender's homeownership preservation program or a lender's participation in such a program sponsored by a federal, state, or local government authority or a nonprofit organization.

Bill Text

Action History

  1. Chaptered by Secretary of State. Chapter 57, Statutes of 2009.

  2. Approved by Governor.

  3. Enrolled. To Governor at 11:30 a.m.

  4. In Senate. To enrollment.

  5. Read third time. Passed. (Ayes 78. Noes 0. Page 2390.) To Senate.

  6. Read second time. To Consent Calendar.

  7. (Heard in committee on June 29.)

  8. From committee: Do pass. To Consent Calendar. (Ayes 11. Noes 0.)

  9. To Com. on B. & F.

  10. In Assembly. Read first time. Held at Desk.

  11. Read third time. Passed. (Ayes 38. Noes 0. Page 898.) To Assembly.

  12. Read second time. To Consent Calendar.

  13. From committee: Do pass. To Consent Calendar. (Ayes 11. Noes 0. Page 805.)

  14. Set for hearing May 6.

  15. From committee with author's amendments. Read second time. Amended. Re-referred to Com. on B., F. & I.

  16. Re-referred to Com. on B., F. & I.

  17. Re-referred to Com. on RLS.

  18. Withdrawn from committee.

  19. From committee: Do pass, but first be re-referred to Com. on APPR. (Ayes 9. Noes 0. Page 581.) Re-referred to Com. on APPR.

  20. From committee with author's amendments. Read second time. Amended. Re-referred to Com. on B., P. & E.D.

  21. Set for hearing April 20.

  22. To Com. on B., P. & E.D.

  23. Read first time.

  24. From print. May be acted upon on or after March 30.

  25. Introduced. To Com. on RLS. for assignment. To print.

Sponsors

  • Wright · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

  • Wright

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

SB 633 Wright Consent Calendar Second Day Regular Session

Passed 90 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 84001
Democratic 3000
Republican 3000
Total 90001
% of votes cast 99%0%0%1%
How each member voted (91)
Member Party Vote
Carter — Yea
Chesbro — Yea
Conway — Yea
Bill — Yea
Tom — Yea
Eng — Yea
Evans — Yea
Fuentes — Yea
Fuller — Yea
Galgiani — Yea
Charles — Yea
Garrick — Yea
Gilmore — Yea
Hagman — Yea
Hall — Yea
Hayashi — Yea
Hernandez — Yea
De — Yea
La — Yea
Torre — Yea
De — Yea
Leon — Yea
Huber — Yea
Huffman — Yea
Fletcher — Yea
Fong — Yea
Bonnie — Yea
Lowenthal — Yea
V. — Yea
Ammiano — Yea
Blakeslee — Yea
Cook — Yea
Coto — Yea
Davis — Yea
Duvall — Yea
Knight — Yea
Krekorian — Yea
Logue — Yea
Ma — Yea
Mendoza — Yea
Miller — Yea
Nava — Yea
Nestande — Yea
Manuel — Yea
Perez — Yea
John — Yea
A. — Yea
Perez — Yea
Portantino — Yea
Salas — Yea
Saldana — Yea
Audra — Yea
Ruskin — Yea
Skinner — Yea
Anderson — Not Voting
Bass — Yea
Solorio — Yea
Torlakson — Yea
Torres — Yea
Tran — Yea
Villines — Yea
Adams — Yea
Beall — Yea
Block — Yea
Blumenfield — Yea
Brownley — Yea
Buchanan — Yea
Harkey — Yea
Hill — Yea
Jeffries — Yea
Lieu — Yea
Monning — Yea
Nielsen — Yea
Silva — Yea
Smyth — Yea
Swanson — Yea
Torrico — Yea
Emmerson — Yea
Feuer — Yea
DeVore — Yea
Yamada — Yea
Furutani — Yea
Beth Gaines — Yea
Bill Berryhill — Yea
Bill Berryhill — Yea
Arambula, Joaquin Democratic Yea
Caballero, Anna M. Democratic Yea
Calderon, Lisa Democratic Yea
Jones, Brian W. Republican Yea
Niello, Roger W. Republican Yea
Strickland, Tony Republican Yea

Official roll call →

Do pass, to Consent Calendar.

Passed 11 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 11000
Total 11000
% of votes cast 100%0%0%0%
How each member voted (11)
Member Party Vote
Fong — Yea
Anderson — Yea
Nava — Yea
Ruskin — Yea
Swanson — Yea
Torres — Yea
Tran — Yea
Mendoza — Yea
Evans — Yea
Fuentes — Yea
Beth Gaines — Yea

Official roll call →

Consent Calendar 2nd SB633 Wright

Passed 39 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 35001
Democratic 3000
Republican 1000
Total 39001
% of votes cast 98%0%0%3%
How each member voted (40)
Member Party Vote
Yee — Yea
Cedillo — Not Voting
Hancock — Yea
Harman — Yea
Huff — Yea
Wyland — Yea
Negrete — Yea
Runner — Yea
Kehoe — Yea
Cogdill — Yea
Corbett — Yea
Correa — Yea
Leno — Yea
McLeod — Yea
Oropeza — Yea
Pavley — Yea
Simitian — Yea
Wiggins — Yea
Wolk — Yea
Ducheny — Yea
Dutton — Yea
Aanestad — Yea
Alquist — Yea
Ashburn — Yea
Benoit — Yea
Hollingsworth — Yea
Liu — Yea
Maldonado — Yea
Romero — Yea
Steinberg — Yea
Walters — Yea
Wright — Yea
Cox — Yea
DeSaulnier — Yea
Denham — Yea
Florez — Yea
Calderon, Lisa Democratic Yea
Lowenthal, Josh Democratic Yea
Padilla, Stephen C. Democratic Yea
Strickland, Tony Republican Yea

Official roll call →

Do pass, but re-refer to the Committee on Appropriations.

Passed 10 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 10001
Total 10001
% of votes cast 91%0%0%9%
How each member voted (11)
Member Party Vote
Yee — Yea
Negrete — Yea
Wyland — Not Voting
Corbett — Yea
McLeod — Yea
Romero — Yea
Aanestad — Yea
Oropeza — Yea
Walters — Yea
Correa — Yea
Florez — Yea

Official roll call →

Subjects

finance housing
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Frequently asked questions

What does SB 633 do?
Existing law prohibits requiring an impound, trust, or other type of account for payment of property taxes, insurance premiums, or other purposes relating to the property as a condition of a real property sale contract or a loan secured by a deed of trust or mortgage on real property containing only a single-family, owner-occupied dwelling, except as specified. This bill would include among those exceptions sales where a loan is made in compliance with the requirements for higher priced mortgage loans established in Regulation Z, as defined, whether or not the loan is a higher priced mortgage loan, and where a loan is refinanced or modified in connection with a lender's homeownership preservation program or a lender's participation in such a program sponsored by a federal, state, or local government authority or a nonprofit organization.
Who sponsors SB 633?
SB 633 is sponsored by Wright.
What is the current status of SB 633?
This bill died with 2009-2010 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 633?
Track SB 633 free on One Click Politics — get push/email alerts when it moves.

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