Video & Transcript Research : 'foreclosure surplus'
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MN
Minnesota 2025-2026 Regular Session
House Judiciary Finance and Civil Law Committee 3/13/25
Judiciary Finance and Civil Law
Transcript Highlights:
- can be a surplus, and that surplus the sheriff has to figure out how to deal with.
- 50 because there's a $50,000 Surplus 50 because there's a $50,000 Surplus they're<00:06:25.720><
- that surplus.
- <00:07:19.599>
and entitled to some of this Surplus and entitled to some of this Surplus and - <00:13:54.480>
of surplus of surplus of $63,000<00:13:56.519>and <00:13:56.680>the<
Keywords:
mortgage foreclosure, redemption, foreclosure surplus, sheriff's sale, junior lienholder, mortgagor, homeowner protections, loss mitigation, dual tracking, foreclosure redemption period, certificate of redemption, certificate of sale, sheriff, county recorder, registrar of titles, homeownership center, lien priority, real property, foreclosure by advertisement, surplus funds
MN
Minnesota 2025 1st Special Session
House Judiciary Finance and Civil Law Committee 3/27/25
Judiciary Finance and Civil Law
Transcript Highlights:
- Uh, it clarifies foreclosure surplus dealings that the sheriff has to deal with, as well as informing
- , and clarifies how to distribute any surplus that is arranged in a sale to the relevant parties.
- <00:01:52.479>
Uh, <00:01:52.799>it Uh, it clarifies foreclosure surplus dealings that - , and clarifies how to distribute any surplus that is arranged in a sale to the relevant parties.
- Seeing none, member questions. distribute any surplus distribute any surplus uh<00:02:09.360>
that
Keywords:
mortgage foreclosure, redemption, foreclosure surplus, sheriff's sale, junior lienholder, mortgagor, homeowner protections, loss mitigation, dual tracking, foreclosure redemption period, certificate of redemption, certificate of sale, sheriff, county recorder, registrar of titles, homeownership center, lien priority, real property, foreclosure by advertisement, surplus funds
MN
Transcript Highlights:
- legis legislator a 5% Revenue Surplus legis legislator a 5% Revenue Surplus window<00:35:31.480>
- taxpayers responsible for the Surplus taxpayers responsible for the Surplus but<00:39:49.720>
- then after that if there was a surplus then after that if there was a surplus then<00:47:44.040>
- <00:47:54.520>
left there was a surplus left there was a surplus left over<00:47:56.920>- He said this resulted in a surplus.
Keywords:
pregnancy support, women's health, maternity homes, nonprofit organizations, grant funding, abortion, family services, tax relief fund, budget surplus, surplus revenue, tax rebate, tax refund, one-time refund, income tax, property tax, constitutional amendment, Minnesota Constitution, general fund, budget reserve, taxpayer relief
MN
Transcript Highlights:
- And then so between the November and the February forecast, when there's surplus, it first has to go
- it first has to go when there's Surplus it first has to go into<00:05:34.720>
the <00:05:34.880 - I think returning money to Minnesotans when we have a surplus rather than spending $18 billion of surplus
- I think returning money to Minnesotans when we have a surplus rather than spending $18 billion of surplus
- I think returning money to Minnesotans when we have a surplus rather than spending $18 billion of surplus
Keywords:
tax relief fund, budget surplus, surplus revenue, tax rebate, tax refund, one-time refund, income tax, property tax, constitutional amendment, Minnesota Constitution, general fund, budget reserve, taxpayer relief, state surplus, fiscal forecast, wealthy taxpayers, high-income exclusion, 2026 ballot, referendum, surplus distribution
AL
Alabama 2025 Regular Session
Alabama House Economic Development and Tourism Committee Mar 19th, 2025
Tourism
MN
Minnesota 2025-2026 Regular Session
Public Safety Committee Meeting - 2025-03-28
Public Safety Finance and Policy
Bills:
HF2432
Keywords:
HF2432, judiciary finance bill, public safety finance bill, corrections policy, crime victims, victim services, Minnesota victims of crime account, court fees, marriage license fee, financial crimes, fraud investigations, insurance fraud, Bureau of Criminal Apprehension, BCA, Commerce Fraud Bureau, wage theft, automobile theft prevention, nonprofit security grants, 911 funding, POST Board
MN
Minnesota 2025-2026 Regular Session
House Public Safety Finance and Policy Committee 3/28/25
Public Safety Finance and Policy
Bills:
HF2432
Keywords:
HF2432, judiciary finance bill, public safety finance bill, corrections policy, crime victims, victim services, Minnesota victims of crime account, court fees, marriage license fee, financial crimes, fraud investigations, insurance fraud, Bureau of Criminal Apprehension, BCA, Commerce Fraud Bureau, wage theft, automobile theft prevention, nonprofit security grants, 911 funding, POST Board
MN
Minnesota 2025-2026 Regular Session
House Judiciary Finance and Civil Law Committee 3/24/26
Judiciary Finance and Civil Law
Transcript Highlights:
- It increases participation and competition at foreclosure sales by both permitting online foreclosure
- >
auctions Online access to foreclosure auctions Online access to foreclosure auctions removes - prices, which in turn increase surplus prices, which in turn increase surplus funds<01:02:30.080
- increased surplus funds. increased surplus funds.
- We've seen that by foreclosures.
Keywords:
submetered utility service, tenant rights, digital payment, eviction protection, housing policy, biometric data, consent, data protection, civil penalties, privacy laws, HF4585, Minnesota, harassment restraining order, HRO, restraining order, temporary restraining order, petitioner notice, service of process, law enforcement notification, sheriff
AZ
Transcript Highlights:
- was described, House Bill 2780 makes targeted technical updates to Arizona's judicial tax lien foreclosure
- What it does is it clarifies when a judicial tax lien foreclosure should proceed as a public... ...counties
- What it does is it clarifies when a judicial tax lien foreclosure should proceed as a public sale rather
- than as a straight foreclosure, and it establishes objective standards for that decision and standardizes
Keywords:
judicial foreclosure, tax lien, redemption rights, excess proceeds, property auction, income tax, federal tax conformity, revenue analysis, legislative session, tax reporting, municipal fees, county fees, utility rates, moratorium, tax classification, local government, inflation, economic stability, tax increases, cost-of-living protection
Summary:
The committee first heard House Bill 2780, a technical cleanup measure related to Arizona’s judicial tax lien foreclosure and excess proceeds process. The sponsor and a witness said the bill clarifies when a court should order a public sale, standardizes distribution of sale proceeds, and corrects inconsistencies left from prior reforms. No opposition was raised, and the committee approved HB 2780 unanimously on a 9-0 do pass vote.
The committee then took up House Bill 4029, which would require the Governor’s Office of Strategic Planning and Budgeting and the Joint Legislative Budget Committee to evaluate the revenue impact of federal tax conformity changes earlier in the process, and would require the Department of Revenue to issue tax forms consistent with statute. An amendment was adopted to have OSPB and JLBC each make the evaluation and to require a governor’s report if the impact is $100 million or more, along with new reporting deadlines for DOR. Supporters argued the bill would force earlier action on conformity and prevent tax forms from diverging from statute; opponents said it added bureaucracy and could delay filing. The committee approved HB 4029 as amended by a 5-4 vote.
The committee also heard House Bill 4030 and the related HCR 2052, both aimed at limiting local tax and fee increases. HB 4030 would bar municipalities and counties from adopting, imposing, or collecting increased fees, transaction privilege taxes, and utility rates from July 1, 2026, through June 30, 2030. The sponsor said the measure was intended to protect taxpayers from inflation and rising local costs. Cities, counties, and utility representatives opposed the bills, warning they would hinder infrastructure financing, water and wastewater projects, road improvements, and public safety services, and could force general fund subsidies or delayed maintenance. Supporters argued local governments have seen substantial revenue growth and should be restrained from further increases. The committee did not reach a final vote on HB 4030 or HCR 2052 in the portion provided.
MN
Minnesota 2025-2026 Regular Session
Commerce Committee Meeting - 2025-04-03
Commerce Finance and Policy
Transcript Highlights:
- Most residential foreclosures are conducted by advertisement, in which the court is not involved.
- Because of that court decision, more foreclosures are taking place by action.
- It's not clear that it's available in a judicial foreclosure.
- they can advise clients that they may. use the postponement tool in a judicial foreclosure.
- It addresses a need in foreclosure law, so I think it's a good bill. Thank you.
Keywords:
foreclosure, mortgage postponement, homeowners, redemption period, Minnesota Statutes, cannabis, hemp, lower-potency, edibles, regulations, licensing, local control, consumer safety, age restrictions, commerce policy, financial institutions, insurance regulation, limited long-term care insurance, Medicare supplement, health insurance
MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 4/3/25
Commerce Finance and Policy
Transcript Highlights:
- Because of that court decision, more foreclosures are taking place by action.
- It's not clear that it's available in a judicial foreclosure.
- they can advise clients that they may use the postponement tool in a judicial foreclosure.
- It addresses a need in foreclosure law, so I encourage members' support. Thank you so much.
- addresses a need in more in foreclosure addresses a need in more in foreclosure law<00:04:27.360
Keywords:
foreclosure, mortgage postponement, homeowners, redemption period, Minnesota Statutes, cannabis, hemp, lower-potency, edibles, regulations, licensing, local control, consumer safety, age restrictions, commerce policy, financial institutions, insurance regulation, limited long-term care insurance, Medicare supplement, health insurance
AL
Alabama 2026 1st Special Session
Alabama House Boards, Agencies and Commissions Committee Feb 4th, 2026
Boards, Agencies and Commissions
Bills:
HB150
Keywords:
improvement district, special assessment, assessment lien, public infrastructure, bond financing, bond interest rate, county commission, tax assessor, tax collector, judge of probate, ad valorem tax, tax lien, tax sale, foreclosure, delinquent taxes, municipal finance, public improvements, infrastructure financing, collection enforcement, property lien
MN
Minnesota 2025 1st Special Session
House Commerce Finance and Policy Committee 3/12/25
Commerce Finance and Policy
Transcript Highlights:
- The language allows for electronic notice for foreclosure situations if agreed to by the lenders and
- The language allows for electronic notice for foreclosure situations if agreed to by the lenders and
- The language allows for electronic notice for foreclosure situations if agreed to by the lenders and
- may be seeing some in associations having to turn to the what's called the excess market, or our surplus
- and excess market for to the Surplus and excess market for coverage<00:38:11.440>
because <00:
Keywords:
mortgage, qualified mortgage, QM, points and fees, conventional loan, consumer lending, home loan, residential real estate, lender fees, service charge, finance charge, closing costs, Minnesota Statutes 47.20, housing finance, borrower protections, cooperative apartment loan, contract for deed, real estate lending, foreclosure, notice requirements
AL
Alabama 2025 Regular Session
Alabama House Economic Development and Tourism Committee Mar 5th, 2025
Tourism
Transcript Highlights:
- If they're unable to make that payment, then it goes into foreclosure.
- foreclosure.
- So is there a process before the actual foreclosure?
- process that the law says is like a mortgage foreclosure.
- It's a 10-day notice requirement for foreclosure. 10-day notice requirement for foreclosure, no right
Keywords:
HB145, scrap tires, scrap tire disposal, illegal dumping, ADEM, Alabama Department of Environmental Management, environmental enforcement, Class 2 municipality, municipal court, local enforcement, delegation agreement, primacy, waste management, tire recycling, tire hauling, environmental quality act, misdemeanor penalties, Class A misdemeanor, Class B misdemeanor, Class C misdemeanor
MN
Minnesota 2025-2026 Regular Session
House Higher Education Finance and Policy Committee 3/17/26
Higher Education Finance and Policy
Transcript Highlights:
- existing flexibility of the OHE, or Office of Higher Education, when the state grant program has surplus
- , we can actually go back and surplus, we can actually go back and more<00:14:23.440>
than <00: - We could have wiped out all of that with that $18 billion surplus, but here we are.
- We could have wiped out all of that with that $18 billion surplus, but here we are.
- Um, I actually surplus, but here we are.
Bills:
HF4266
Keywords:
higher education, state grants, financial aid, college affordability, Office of Higher Education, Minnesota State Grant, need analysis, expected family contribution, student aid, grant formula, living and miscellaneous expense allowance, dependent student, independent student, parental contribution, student contribution, surplus appropriation, biennium, summer 2026, 1183, house
OK
Oklahoma 2026 Regular Session
Local and County Government Feb 17th, 2026 at 02:00 pm
Local and County Government
Keywords:
emergency management, federal funding, disaster relief, cost sharing, public assistance, bail reform, public funds, nonprofit organizations, political subdivisions, injunctive relief, criminal procedure, surety bond, judicial discretion, uniform bond schedule, liability insurance, judgments, insurance fund, Oklahoma, county sheriff, commissary
MN
Keywords:
HF2432, judiciary finance bill, public safety finance bill, corrections policy, crime victims, victim services, Minnesota victims of crime account, court fees, marriage license fee, financial crimes, fraud investigations, insurance fraud, Bureau of Criminal Apprehension, BCA, Commerce Fraud Bureau, wage theft, automobile theft prevention, nonprofit security grants, 911 funding, POST Board
TX
Texas 89th Regular
Trade, Workforce & Economic Development Apr 9th, 2025
Trade, Workforce & Economic Development
Bills:
HB74, HB175, HB460, HB576, HB2271, HB2294, HB2874, HB3016, HB3133, HB3191, HB3458, HB3929, HB4063, HB4115, HB4394, HB74, HB175
Keywords:
Puerto Verde, Port Authority, eminent domain, bonds, tax assessments, economic development, infrastructure, transportation, public welfare, child care, certifications, Texas Rising Star Program, grant program, disability inclusion, family income, affordability, economic impact, state study, cost analysis, government support
TX
Texas 89th Regular
Trade, Workforce & Economic Development Apr 9th, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- governs liens on real property. and authorizes trustees and sub-trustees to oversee the sale of foreclosures
- It authorizes a trustee or substitute trustee. to conduct a foreclosure sale and defines both using the
Bills:
HB74, HB175, HB460, HB576, HB2271, HB2294, HB2874, HB3016, HB3133, HB3191, HB3458, HB3929, HB4063, HB4115, HB4394, HB74, HB175
Keywords:
Puerto Verde, Port Authority, eminent domain, bonds, tax assessments, economic development, infrastructure, transportation, public welfare, child care, certifications, Texas Rising Star Program, grant program, disability inclusion, family income, affordability, economic impact, state study, cost analysis, government support
FL
Florida 2026 Regular Session
Appropriations Committee on Criminal and Civil Justice Feb 18th, 2026
Appropriations Committee on Criminal and Civil Justice
Transcript Highlights:
- The substitute amendment basically reinforces procedures for foreclosure sales.
- This amendment clarifies that a foreclosure sale must be conducted according to Chapter 45 statutory
- Brad Ira Shandler had repeatedly obtained court approval in Broward and Miami-Dade for custom foreclosure
- pay only that judgment amount, which was basically nothing, potentially reducing or eliminating any surplus
- pay only that judgment amount, which was basically nothing, potentially reducing or eliminating any surplus
Keywords:
foreclosure, court clerks, budget management, judicial sales, Florida statutes, bail bonds, pretrial release, forfeiture, criminal justice, bond conditions, surety, attorney fees, litigation costs, court jurisdiction, equitable awards, financial resources, domestic violence, protective injunctions, electronic monitoring, enhanced penalties
Summary:
The Appropriations Committee on Criminal and Civil Justice met to consider several criminal justice and court-related bills, along with the committee’s proposed $7.9 billion budget. The committee first heard and approved CS/SB 600 on bail bonds, as amended to adjust solicitation, cash bond return, forfeiture remission timing, and clerk procedures; CS/SB 436 on felony battery, which expands qualifying prior offenses and was amended to correct a drafting issue; CS/SB 928, “Missy’s Law,” requiring immediate remand to custody after conviction for dangerous crimes; SB 1332 on career offender registration, adding in-person reporting, more detailed registration requirements, and stronger penalties for noncompliance; and CS/SB 682 on violent criminal offenses, a domestic violence measure adopted via a substitute amendment that adds stricter penalties, electronic monitoring, injunction protections, and related procedures. All of those bills were reported favorably.
The committee also approved SB 1072 creating an anti-Semitism task force in the Attorney General’s Office. The bill drew extensive public testimony both for and against, with supporters emphasizing rising anti-Semitic incidents and the need for statewide review, and opponents raising concerns about free speech, the definition of anti-Semitism, and possible conflation of criticism of Israel with hate speech. Senators also discussed the bill’s scope and the IHRA definition before it was reported favorably. In addition, CS/SB 532 on clerks of court was amended to clarify foreclosure sale procedures and funding predictability for clerks, then reported favorably. CS/SB 644 on attorney’s fees, suit money, and costs was also approved after amendments that aligned family-law fee provisions and codified standards for fee awards in dissolution and paternity cases; the sponsor said the bill was intended to curb vexatious litigation and improve consistency across districts.
After the bill actions, the chair summarized the criminal and civil justice budget, describing it as a disciplined proposal that addresses corrections deficits and future inmate growth while funding core public safety needs. The committee then heard substantial public testimony on prison conditions, staffing, pay, heat, infrastructure, and the possibility of reducing prison populations or adding air conditioning in facilities. The chair announced that SB 1632 and its conforming bill SB 1634 would be temporarily postponed to the following week, and the record was supplemented with the names of many people who had registered to speak for or against those bills. The meeting concluded after members were invited to record votes and the committee adjourned.