An Act to protect equity in real estate transactions
Summary
By Mr. Tarr, a petition (accompanied by bill, Senate, No. 833) of Bruce E. Tarr for legislation to protect equity in real estate transactions through the use of a shared appreciation mortgage. Financial Services.
Bill status
passed
3 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Feb 2025
House Passage
Feb 2025
Governor
Introduced Feb 27, 2025
Last action Feb 27, 2025
Floor votes
How they voted
This bill passed the House by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
2
Key actions
1
Committee
1
Feb 27, 2025
Lower · Passed
House concurred
lower
Feb 27, 2025
Committee
Referred to the committee on Financial Services
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bruce Tarr
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about SD 2481
Scope: MA
Hi! I can help you understand SD 2481. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline