SB 2946: JUDICIAL FORECLOSURES; ELIGIBLE BIDDERS; SUBSEQUENT BIDS
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-01-23
Current Status:
In Progress
(2026-02-11: The committee on CPN deferred the measure.)
Introduced
In Committee
First Chamber
In Committee
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.
Discussed in Hearing
1MINFeb 11, 2026
Senate Standing Committee on Agriculture and Environment
1MINFeb 11, 2026
Senate Standing Committee on Commerce and Consumer Protection
1MINFeb 11, 2026