STATEMENT TO

[First Reprint]

ASSEMBLY, No. 664

with Assembly Floor Amendments

(Proposed by Assemblywoman JASEY)

ADOPTED: FEBRUARY 25, 2019

      These Assembly amendments provide that in each action for foreclosure, the plaintiff would be required to pay a fee of $155 to the clerk of the court in addition to the fee associated with the filing of the first paper.

      Of that $155 payment, $60 and all monies collected from each civil penalty for violations of certain provisions of the bill would be required to be deposited in the Foreclosure Mediation Fund. The remaining $95 collected would be required to be used to reimburse trained foreclosure prevention and default mitigation counselors for their services.