Connecticut SB 217: AN ACT CONCERNING MENTAL AND BEHAVIORAL HEALTH PARITY.

Bill Text

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General Assembly Raised Bill No. 217
February Session, 2026 LCO No. 1557

Referred to Committee on BANKING

Introduced by:
(BA)

AN ACT REQUIRING MORTGAGEES TO ACCEPT MORTGAGE
PAYMENTS TENDERED ON A MONTHLY, SEMIMONTHLY OR
BIWEEKLY BASIS.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:

Section 1. Subsection (i) of section 49-8a of the general statutes is 1
repealed and the following is substituted in lieu thereof (Effective October 2
1, 2026): 3
(i) (1) A mortgagee shall accept, as payment tendered for satisfaction 4
or partial satisfaction of a mortgage loan, a bank check, certified check, 5
attorney's clients' funds account check, title insurance company check, 6
wire transfer or any other form of payment authorized under federal 7
law. 8
(2) For mortgage loans made on or after October 1, 2026, a mortgagee 9
shall accept payment tendered by a mortgagor on a monthly, 10
semimonthly or biweekly basis. For purposes of this subdivision, 11
"biweekly" means occurring every two weeks and "semimonthly" 12
means occurring twice each month. 13

Raised Bill No. 217

LCO 1557 2 of 2

This act shall take effect as follows and shall amend the following
sections:

Section 1 October 1, 2026 49-8a(i)

BA Joint Favorable