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A00035 Summary:
| BILL NO | A00035 |
|   | |
| SAME AS | SAME AS S00303 |
|   | |
| SPONSOR | Farrell |
|   | |
| COSPNSR | Bronson |
|   | |
| MLTSPNSR | |
|   | |
| Amd S280, RP L | |
|   | |
| Provides that a lender providing a reverse mortgage to a person who is 60 years of age or older may receive not more than 20% of the future appreciation of property secured by the mortgage as consideration for providing such reverse mortgage. | |