SPONSOR:

Rep. Keeley & Sen. Townsend

Reps. Bolden, Briggs King, Hensley, Kowalko, Mitchell, Osienski, Potter, Viola; Sens. Henry, Pettyjohn

HOUSE OF REPRESENTATIVES

149th GENERAL ASSEMBLY

HOUSE BILL NO. 76

AN ACT TO AMEND CHAPTERS 198 AND 200, VOLUME 78 OF THE LAWS OF DELAWARE RELATING TO FORECLOSURES.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend 78 Del. Laws c. 198, § 2 (House Bill No. 59, as amended by House Amendment No. 1, 146th General Assembly), by making deletions as shown by strike through and insertions as shown by underline as follows:

This Act shall be effective immediately upon its enactment into law and shall continue to have effect until the date

that is two years eight years after such date.

Section 2. Amend 78 Del. Laws c. 200, § 4 (House Substitute No. 1 for House Bill No. 58, 146th General Assembly), by making deletions as shown by strike through and insertions as shown by underline as follows:

This Act shall take effect 120 days after its enactment into law and shall only apply to mortgage foreclosure actions commenced from the effective date of this Act to the date that is two years eight years after such date.

SYNOPSIS

This Act extends the Office of Foreclosure Prevention and Automatic Residential Foreclosure Mediation Program an additional two years, from January 18, 2018 until January 18, 2020.

The Office of Foreclosure Prevention and the Automatic Residential Foreclosure Mediation Program were originally scheduled to sunset on January 18, 2014, two years after their enactment. The sunset date was extended to January 18, 2018 (six years) in 2013 via 79 Del. Laws c. 27 (House Bill No. 40, as amended by Senate Amendment No. 1, 147th General Assembly).