Bills

SB 2946: JUDICIAL FORECLOSURES; ELIGIBLE BIDDERS; SUBSEQUENT BIDS

  • Session Year: 2025-2026
  • House: Senate

Current Status:

In Progress

(2026-01-26: Passed First Reading.)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Final Decking

Enacted

Version:

Specifies that a judicial foreclosure sale is not final until the earliest of either fifteen days after the public sale, unless an eligible bidder submits a subsequent bid or written notice of intent to submit a subsequent bid, or forty-five days after the public sale.  Requires subsequent successful bidders to make a downpayment.

News Coverage:

SB 2946: Judicial Foreclosures; Eligible Bidders; Subsequent Bids | Digital Democracy