| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 2886 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 6595 | |
| 6 | 6 | January Session, 2019 | |
| 7 | 7 | LCO No. 2886 | |
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | Referred to Committee on BANKING | |
| 11 | 11 | ||
| 12 | 12 | ||
| 13 | 13 | Introduced by: | |
| 14 | 14 | REP. HARDING, 107th Dist. | |
| 15 | 15 | ||
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | AN ACT REQUIRING MORTGAGE COMPANIES TO RELEASE | |
| 19 | 19 | CERTAIN FUNDS TO HOMEOWNERS FOR THE REPAIR OF | |
| 20 | 20 | PROPERTY DAMAGE. | |
| 21 | 21 | Be it enacted by the Senate and House of Representatives in General | |
| 22 | 22 | Assembly convened: | |
| 23 | 23 | ||
| 24 | 24 | That the general statutes be amended to require that mortgage 1 | |
| 25 | 25 | companies release to homeowners at least a portion of any funds the 2 | |
| 26 | 26 | mortgage company has received from an insurance company in 3 | |
| 27 | 27 | connection with a homeowner's claim for property damage, provided 4 | |
| 28 | 28 | such homeowner has entered into a contract with a contractor to repair 5 | |
| 29 | 29 | the property damage. 6 | |
| 30 | 30 | Statement of Purpose: | |
| 31 | 31 | To require mortgage companies to release certain funds to | |
| 32 | 32 | homeowners for the repair of property damage. |