Massachusetts · 194th Legislature (2025-2026) · Proposed Bill
SD 1502: An Act relative to the fiduciary responsibility of lenders for non-payment of insurance premiums from escrowed accounts
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SD 1502 is a proposed bill introduced in the Massachusetts Senate on February 27, 2025. According to its official title, it concerns: An Act relative to the fiduciary responsibility of lenders for non-payment of insurance premiums from escrowed accounts. Primary sponsor: Mark Montigny (Democratic). Most recent recorded action (February 27, 2025): House concurred.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
By Mr. Montigny, a petition (accompanied by bill, Senate, No. 794) of Mark C. Montigny for legislation relative to the fiduciary responsibility of lenders for non-payment of insurance premiums from escrowed accounts. Financial Services.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mark Montigny | Primary sponsor | Democratic | Senate | Second Bristol and Plymouth |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- House concurred
- Referred to the committee on Financial Services