ValleyMorningStar reports from Austin, TX, State Senate Bill 499 would streamline the process that allows MH owners who have un-imbursed legal claims against MH dealers to access reimbursement from a fund established by the state. The Manufactured Homeowners Recovery Trust Fund pays actual damages through a budgeted $300,000 yearly fund. So far this year $10,000 has been paid and another $70,000 is awaiting validation. Current law offers a limited remedy for someone burned by an MH dealer. Bill 499, which passed the Senate Committee on Business and Commerce, would be administered by the Manufactured Housing Division of the Texas Dept. of Housing and Community Affairs. The measure also recognizes that a trial before a judge is just as valid as a jury verdict. It now goes before the whole Senate before moving into the Texas House of Representatives. Impetus for the measure may have been spurred on by “Park Girl” Jo Leigh Ares, who allegedly defrauded some 40 people out of deposit money for manufactured homes, plus left a string of other creditors. MHProNews covered the story Jan. 20, 2012.
(Photo credit: Valley Central–“Park Girl” Jo Leigh Ares)