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Legislative Year: 2024 Change
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Bill Detail: HB24-1443

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Title Public Trustee Fees
Status Sent to the Governor (05/21/2024)
Bill Subjects
  • Local Government
House Sponsors C. Kipp (D)
R. Taggart (R)
Senate Sponsors J. Ginal (D)
J. Rich (R)
House Committee Transportation, Housing and Local Government
Senate Committee Local Government and Housing
Date Introduced 04/09/2024
Summary

Public trustees are entitled to set fee amounts enumerated in
current law for performing the functions and exercising the powers
conferred upon them by statute. The bill doubles each fee to which public
trustees are entitled, except for the fees for releasing a deed of trust and
for conducting a public foreclosure sale by means of the internet. The bill
also creates a new fee that public trustees are entitled to receive in the
amount of $300 for performing actions related to processing a foreclosure
sale if the holder of a certificate of purchase is not the holder of an
evidence of debt. Additionally, the bill requires the executive director of
the department of local affairs to adjust each fee amount for inflation
every other year.

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