MassachusettsAn Act ensuring timely insurance loss-draft payouts for homeowners
What it does
By Mr. Mark, a petition (accompanied by bill, Senate, No. 787) of Paul W.
More detail
Mark for legislation to establish protections for homeowners by regulating mortgage lenders' handling of insurance payouts (loss drafts) after property damage. Financial Services.
Where do you stand?
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jan 12Bill reported favorably by committee and referred to the committee on Senate Ways and MeansLatest
- 2025
- Sep 5Hearing scheduled for 09/15/2025 from 10:30 AM-01:00 PM in A-1
- Feb 27House concurred
- Feb 27Referred to the committee on Financial ServicesIntroduced