House Bill 488

Actions
Last Action 04/09/24: signed by Governor (Acts Ch. 130)
Title AN ACT relating to legal instruments.
Bill Documents Acts Chapter 130
Current/Final
Introduced
Fiscal Impact Statement Local Mandate
Bill Request Number 73
Sponsor M. Meredith
Summary of Enacted Version Amends KRS 382.297 to establish when a county clerk shall admit any amendment, renewal, modification, or extension of a recorded mortgage to record, to establish when a county clerk shall admit affidavits of amendment prepared and executed by an attorney to record, and to establish recording requirements and construction of section; and amends KRS 413.100 to establish when a promise, acknowledgment, or payment of money operates as an extension of a lien in a recorded mortgage or deed, and to establish recording requirements for an extended lien.
Legislative History
Summary of Original Version Amend KRS 382.297 to establish when a county clerk shall admit any amendment, renewal, modification, or extension of a recorded mortgage to record; establish when a county clerk shall admit affidavits of amendment prepared and executed by an attorney to record; establish recording requirements and construction of section; amend KRS 413.100 to establish when a promise, acknowledgment, or payment of money operates as an extension of a lien in a recorded mortgage or deed; establish recording requirements for extension.
Index Headings of Original Version County Clerks - Extension of lien secured by recorded deed, recording requirement
County Clerks - Mortgage amendments, renewals, modifications, and extensions, recording requirements
Deeds and Conveyances - Extension of lien secured by recorded deed, requirements
Liens - Extension of lien secured by recorded deed, requirements
Liens - Extension of lien secured by recorded mortgage, requirements
Liens - Mortgage amendments, renewals, modifications, and extensions, recording requirements
Loans and Credit - Extension of lien secured by recorded mortgage, requirements
Loans and Credit - Mortgage amendments, renewals, modifications, and extensions, recording requirements
Contracts - Mortgage amendments, renewals, modifications, and extensions, recording requirements
Local Mandate - Extension of lien secured by recorded deed, recording requirement
Votes Vote History

Actions

Top
02/07/24
  • introduced in House
  • to Committee on Committees (H)
02/13/24
  • to Banking & Insurance (H)
02/14/24
  • reported favorably, 1st reading, to Calendar
02/15/24
  • 2nd reading, to Rules
02/16/24
  • posted for passage in the Regular Orders of the Day for Tuesday, February 20, 2024
02/21/24
  • 3rd reading, passed 94-0
02/22/24
  • received in Senate
  • to Committee on Committees (S)
03/04/24
  • to Judiciary (S)
03/14/24
  • reported favorably, 1st reading, to Consent Calendar
03/15/24
  • 2nd reading, to Rules as a consent bill
03/25/24
  • posted for passage in the Consent Orders of the Day for Tuesday, March 26, 2024
03/26/24
  • passed over and retained in the Consent Orders of the Day
03/27/24
  • passed over and retained in the Consent Orders of the Day
03/28/24
  • 3rd reading, passed 38-0
  • received in House
  • enrolled, signed by Speaker of the House
  • enrolled, signed by President of the Senate
  • delivered to Governor
04/09/24
  • signed by Governor (Acts Ch. 130)


Last updated: 9/26/2024 1:37 PM (EDT)