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US S730

US S730
Permanently Protecting Tenants at Foreclosure Act of 2015


summary

Introduced
03/12/2015
In Committee
03/12/2015
Crossed Over
Passed
Dead
01/03/2017

Introduced Session

114th Congress

Bill Summary

Permanently Protecting Tenants at Foreclosure Act of 2015 This bill amends the Protecting Tenants at Foreclosure Act of 2009 to repeal its sunset date December 31, 2014 (thus making the Act permanent). This bill restores and revives such Act, the provisions of law amended or repealed by it, and any regulations promulgated pursuant to it, as were in effect on December 31, 2014, as if the sunset had not taken effect.

AI Summary

This bill, titled the Permanently Protecting Tenants at Foreclosure Act of 2015, aims to make the protections offered to tenants when their rental property is foreclosed upon permanent by removing the expiration date that was set for December 31, 2014. Essentially, it revives and restores the original Protecting Tenants at Foreclosure Act of 2009, along with any related laws and regulations that were in effect just before that expiration date, as if the law had never been scheduled to end. This means tenants will continue to have rights, such as receiving proper notice before having to move out, even after a foreclosure, without a time limit.

Committee Categories

Housing and Urban Affairs

Sponsors (7)

Last Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 03/12/2015)

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