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S04506 Summary:
| BILL NO | S04506 |
| SAME AS | SAME AS A05441 |
| SPONSOR | KRUGER |
| COSPNSR | |
| MLTSPNSR | |
| Add S282, RP L | |
| Permits a one-time deferral of two consecutive monthly mortgage payments for the balance of the term of the mortgage on a residential mortgage; provides that the mortgage term be automatically extended by the period of such deferral and that the amount of monthly payments remain the same and not be recalculated. | |