Existing law requires a mortgagee, beneficiary, or authorized agent to record a rescission of a notice of default or cancel a pending trustee sale, if applicable, upon the borrower executing a permanent foreclosure prevention alternative. Existing law, in the case of a short sale, requires the rescission or cancellation of the pending trustee's sale to occur when the short sale has been approved and proof of funds or financing has been provided, as specified.
California SB 983 (20152016) — Mortgages and deeds of trust.
Existing law requires a mortgagee, beneficiary, or authorized agent to record a rescission of a notice of default or cancel a pending trustee sale, if applicable, upon the borrower executing a permanent foreclosure prevention alternative. Existing law, in the case of a short sale, requires the rescission or cancellation of the pending trustee's sale to occur when the short sale has been approved and proof of funds or financing has been provided, as specified.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass as amended, but first amend, and re-refer to the Committee on [Rules] with the recommendation: To Consent Calendar — 7–0 (pass) · upper
SB 983 Morrell Senate Third Reading By WAGNER — 75–1 (pass) · lower
Do pass. — 10–0 (pass) · lower
Sponsors
Morrell — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2016-02-10 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2016-02-11 From printer. May be acted upon on or after March 12.
2016-02-18 Referred to Coms. on JUD. and RLS. referral-committee
2016-03-28 From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD. referral-committee, reading-2, amendment-passage, committee-passage, reading-1
2016-04-14 Set for hearing April 26.
2016-05-02 From committee: Do pass as amended and re-refer to Com. on RLS. with recommendation: To consent calendar. (Ayes 7. Noes 0. Page 3700.) (April 26). committee-passage-favorable, committee-passage, amendment-passage
2016-05-03 Read second time and amended. Re-referred to Com. on RLS. referral-committee, reading-2, amendment-passage, reading-1
2016-05-09 Withdrawn from committee.
2016-05-09 Ordered to second reading.
2016-05-10 Read second time. Ordered to third reading. reading-2, reading-1
2016-05-16 Read third time and amended. reading-3, amendment-passage, reading-1
2016-05-16 Ordered to second reading.
2016-05-17 Read second time. Ordered to third reading. reading-2, reading-1
2016-05-26 Read third time. Passed. (Ayes 39. Noes 0. Page 3957.) Ordered to the Assembly. reading-3, passage, reading-1
2016-05-26 In Assembly. Read first time. Held at Desk. reading-1
2016-06-06 Referred to Com. on JUD. referral-committee
2016-06-21 From committee: Do pass. (Ayes 10. Noes 0.) (June 21). committee-passage-favorable, committee-passage
2016-06-22 Read second time. Ordered to third reading. reading-2, reading-1
2016-08-04 Read third time. Passed. (Ayes 75. Noes 1. Page 5705.) Ordered to the Senate. reading-3, passage, reading-1
2016-08-04 In Senate. Ordered to engrossing and enrolling.
2016-08-10 Enrolled and presented to the Governor at 10 a.m.
2016-08-22 Approved by the Governor. executive-signature
2016-08-22 Chaptered by Secretary of State. Chapter 170, Statutes of 2016.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/ba5c740e-45c8-4402-901d-6529f9a6b408. Confidence: reported (aggregated from official California legislature records).