Protection of veterans; requiring Attorney General to enforce provisions of federal law related to payments made to escrow or title companies in certain real estate transactions; effective date.
HB 4301 requires escrow and title companies to return earnest money to qualified U.S. veterans or active duty military members if a property appraises for less than the contract price. Companies that fail to comply face a $500 civil penalty per violation, with the funds added to the Attorney General's Law Enforcement Revolving Fund. The bill enforces a federal rule (38 C.F.R. § 36.4303(k)) and takes effect July 1, 2026. It directly affects veterans, active duty military members purchasing property, and the entities handling their escrow payments.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2026
Committee Review
Apr 2026
House Passage
Mar 2026
Senate Passage
Governor
Introduced Feb 2, 2026
Last action Apr 16, 2026
Maddy AI version diff · 4 comparisons
What changed between versions
Floor (House)
→
Floor (Senate)
·
4 edits
MODERATE
The bill was converted from the House version to the Senate floor version, resulting in significant structural and substantive changes. The Senate version reorganizes the bill into three distinct sections, adds a specific civil penalty of $500 for violations, and clarifies the funding source for the Attorney General's Law Enforcement Revolving Fund. Additionally, the committee report dates and signatures were updated to reflect the Senate's processing.
Scope change
The bill's scope regarding veteran protection remains the same, but the enforcement mechanism was expanded to include a specific monetary penalty and clearer fund allocation rules.
ENFORCEMENT
Added a new subsection requiring a $500 civil penalty for any person or entity violating federal requirements regarding veteran earnest money.
FISCAL
Clarified that proceeds from the new civil penalty must be added to the Attorney General's Law Enforcement Revolving Fund.
REQUIREMENT
Added a new Section 2 that amends existing law to formally create and define the Attorney General's Law Enforcement Revolving Fund.
TECHNICAL
Reorganized the bill structure from a single continuous text into three separate sections (New Law, Amendment, Effective Date) and updated committee report details.
Floor votes · House Mar 11, 2026
How they voted
91–0
Passed · 9 other
Total votes 100
Mar 11, 2026
D
Democratic18
88% Yea
R
Republican82
91% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
17
Key actions
5
Committee
5
Apr 14, 2026
Upper · Passed
Reported Do Pass Judiciary committee; CR filed
upper
Mar 12, 2026
Introduced
First Reading
upper
Mar 12, 2026
Lower · Passed
Engrossed, signed, to Senate
lower
Mar 11, 2026
Committee
Referred for engrossment
lower
Mar 11, 2026
Lower · Passed
Third Reading, Measure passed: Ayes: 91 Nays: 0
lower
Mar 9, 2026
Lower · Passed
CR; Do Pass, amended by committee substitute Appropriations and Budget Committee
lower
Feb 17, 2026
Lower · Passed
Recommendation to the full committee; Do Pass Appropriations and Budget General Government Subcommittee
lower
Feb 3, 2026
Committee
Referred to Appropriations and Budget General Government Subcommittee
lower
Feb 2, 2026
Introduced
First Reading
lower
2 primary · 0 co-sponsors
Sponsors
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