PROBATE SALE-MORTGAGE PROPERTY

What it does

The legislature's own summary of the bill, or its official long title.

Amends the Probate Act of 1975. Provides that in any proceeding to sell or mortgage real estate, if the secured creditors cannot be satisfied in full, then the court may not direct the sale without the secured creditor's approval to accept partial satisfaction; and if the secured creditors cannot be satisfied in full, a sale of the property is not considered necessary for the effective administration of the estate. Effective immediately.

Every action

10 steps, oldest first, as the legislature records them.

1. Feb 7, 2025SenateFiled with Secretary by Sen. Robert F. Martwick
2. Feb 7, 2025SenateFirst Reading
3. Feb 7, 2025CommitteeReferred to Assignments · Senate Assignments
4. Feb 25, 2025CommitteeAssigned to Judiciary · Senate Judiciary
5. Mar 5, 2025SenateTo Special Issues
6. Mar 14, 2025SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Robert F. Martwick
7. Mar 14, 2025CommitteeSenate Committee Amendment No. 1 Referred to Assignments · Senate Assignments
8. Mar 18, 2025CommitteeSenate Committee Amendment No. 1 Assignments Refers to Judiciary · Senate Assignments
9. Mar 21, 2025CommitteeRule 3-9(a) / Re-referred to Assignments · Senate Assignments
10. Mar 21, 2025CommitteeSenate Committee Amendment No. 1 Rule 3-9(a) / Re-referred to Assignments · Senate Assignments

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

• Robert F. MartwickD Primary sponsor · District 10