HB 450 (1999): prohibiting a prepayment penalty on a second mortgage home loan which has been in existence for 4 years.
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- “HB 450 (1999): prohibiting a prepayment penalty on a second mortgage home loan which has been in existence for 4 years.” Granite Record, https://graniterecord.org/bill/1999/hb450. Accessed 24 Oct. 2026.
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@misc{bill-1999-hb450, title = {HB 450 (1999): prohibiting a prepayment penalty on a second mortgage home loan which has been in existence for 4 years.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/1999/hb450}, note = {Accessed 24 Oct. 2026} }
HB 450 (1999)
prohibiting a prepayment penalty on a second mortgage home loan which has been in existence for 4 years.
- Status: Killed
- Term: 1999-2000
- House committee: Commerce
- Subject: Miscellaneous
The Story
It was introduced on January 28, 1999 and referred to the House Commerce committee. The committee held a public hearing on March 11, 1999. The committee held work sessions on March 30, 1999 and April 6, 1999. The majority of the committee recommended that the House kill it by a vote of 15–1. On May 13, 1999 the House voted to kill it on a voice vote.
Sponsors
- Rep. Marion Copenhaver (D - Graf 10) (prime sponsor)
Hearings and Sessions
- March 11, 1999, 10:00 AM: hearing, House Commerce, Rm302,LOB
- March 30, 1999, 9:00 AM: subcommittee work session, House Commerce, Rm302,LOB
- April 6, 1999, 1:30 PM: subcommittee work session, House Commerce, Rm302,LOB
Votes
- May 13, 1999, House: Inexpedient to Legislate — voice vote, passed
The Docket
- January 28, 1999: Introduced and ref to Commerce; HJ18, p270
- February 3, 1999: Copy to Chairman on 2/3/1999 due on
- March 9, 1999: ==CANCELLED==Hearing Mar 9 10:00 Rm302,LOB
- March 11, 1999: Rescheduled Hearing Mar 11 10:00 Rm302,LOB
- March 30, 1999: Subcom work session Mar 30 9:00 Rm302,LOB
- April 6, 1999: Subcom work session Apr 6 1:30 Rm302,LOB
- May 4, 1999: Maj Report ITL for May13 (vote 15-1;Reg)
- May 13, 1999: ITL Report adopted VV; HJ51, p1305