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HB 338 Delaware House · 151st General Assembly (2021-2022)

AN ACT TO AMEND TITLE 25 OF THE DELAWARE CODE RELATING TO THE SATISFACTION OF MORTGAGES AFTER A LAPSE OF TIME.

Summary
This Act provides an automatic satisfaction of a mortgage 10 years after the maturity date as stated in the mortgage or any recorded extension of the mortgage or, in the absence of a stated maturity date, 40 years after the recording of the mortgage or any extension of the mortgage. This Act also reduces the time after which an attorney may file a certificate of satisfaction under § 2123 of Title 25 of the Delaware Code to 10 years after the maturity date and 40 years after the recording of a mortgage.
Bill status signed all 5 stages cleared
Introduction
Mar 2022
Committee Review
May 2022
House Passage
Apr 2022
Senate Passage
Jun 2022
Signed into Law
Oct 2022
Introduced Mar 15, 2022 Signed Oct 14, 2022
Floor votes · Senate Jun 28, 2022 · House Apr 12, 2022

How they voted

20–0
Passed
Total votes 20
Jun 28, 2022
D Democratic13
13 Yea
100% Yea
R Republican7
7 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
9
Key actions
6
Committee
2
Amendments
2
Oct 14, 2022
Signed into law
Signed by Governor
executive
Jun 28, 2022
Upper · Passed
Passed By Senate. Votes: 21 YES
upper
May 11, 2022
Upper · Passed
Reported Out of Committee (Banking, Business & Insurance) in Senate with 5 On Its Merits
upper
Apr 12, 2022
Introduced
Assigned to Banking, Business & Insurance Committee in Senate
upper
Apr 12, 2022
Lower · Passed
Passed By House. Votes: 41 YES
lower
Apr 12, 2022
Lower · Passed
Amendment HA 1 to HB 338 - Passed In House by Voice Vote
lower
Apr 12, 2022
Introduced
Amendment HA 1 to HB 338 - Introduced and Placed With Bill
lower
Apr 5, 2022
Lower · Passed
Reported Out of Committee (Economic Development/Banking/Insurance & Commerce) in House with 1 Favorable, 9 On Its Merits
lower
Mar 15, 2022
Introduced
Introduced and Assigned to Economic Development/Banking/Insurance & Commerce Committee in House
lower
7 primary · 7 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bill Bush
Bill Bush
DDemocratic
DE
29
P
Photo of Bryan Townsend
Bryan Townsend
DDemocratic
DE
11
P
Photo of Krista Griffith
Krista Griffith
DDemocratic
DE
12
P
Photo of Kyle Gay
Kyle Gay
DDemocratic
DE
5
P
Photo of Sean Lynn
Sean Lynn
DDemocratic
DE
31
P
Photo of Spiros Mantzavinos
Spiros Mantzavinos
DDemocratic
DE
7
P
Photo of Stephanie Hansen
Stephanie Hansen
DDemocratic
DE
10
Co
Photo of Jack Walsh
Jack Walsh
DDemocratic
DE
9
Co
Photo of Jeff Spiegelman
Jeff Spiegelman
RRepublican
DE
11
Co
Photo of Kevin Hensley
Kevin Hensley
RRepublican
DE
9
Co
Photo of Kim Williams
Kim Williams
DDemocratic
DE
19
Co
Photo of Mike Ramone
Mike Ramone
RRepublican
DE
21
Co
Photo of Mike Smith
Mike Smith
RRepublican
DE
22
Co
Photo of Trey Paradee
Trey Paradee
DDemocratic
DE
17