FORTY-SIXTH LEGISLATURE
SB 570/a

FIRST SESSION, 2003





March 17, 2003



Madam President:



Your JUDICIARY COMMITTEE, to whom has been referred



SENATE BILL 570



has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:



1. On page 3, line 3, insert the following new subsection:



"F. A title insurer may charge a reasonable fee to the mortgagee for the preparation and recording of the release of mortgage.".



Respectfully submitted,





__________________________________

Michael S. Sanchez, Chairman



Adopted_______________________ Not Adopted_______________________

(Chief Clerk) (Chief Clerk)



Date ________________________



The roll call vote was 8 For 0 Against

Yes: 8

No: 0

Excused: Komadina, Lopez

Absent: None





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