Connecticut 2017 Regular Session

Connecticut House Bill HB05826 Compare Versions

Only one version of the bill is available at this time.
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11 General Assembly Proposed Bill No. 5826
22 January Session, 2017 LCO No. 2693
33 *02693*
44 Referred to Committee on AGING
55 Introduced by:
66 REP. KUPCHICK, 132nd Dist. REP. DEVLIN, 134th Dist. REP. HOYDICK, 120th Dist.
77
88 General Assembly
99
1010 Proposed Bill No. 5826
1111
1212 January Session, 2017
1313
1414 LCO No. 2693
1515
1616 *02693*
1717
1818 Referred to Committee on AGING
1919
2020 Introduced by:
2121
2222 REP. KUPCHICK, 132nd Dist.
2323
2424 REP. DEVLIN, 134th Dist.
2525
2626 REP. HOYDICK, 120th Dist.
2727
2828 AN ACT PROVIDING PROTECTIONS FOR CONSUMERS APPLYING FOR REVERSE MORTGAGES.
2929
3030 Be it enacted by the Senate and House of Representatives in General Assembly convened:
3131
3232 That section 36a-265 of the general statutes be amended to provide a prospective applicant of a reverse annuity mortgage loan with counseling for consumer protection purposes.
3333
3434 Statement of Purpose:
3535
3636 To provide consumer protections during the application process for a reverse annuity mortgage loan.