CURRENT BILL STATUS MEASURE : A.B. No. 406 AUTHOR(S) : Davis. TOPIC : Adjustable rate mortgages: balloon payments. TYPE OF BILL : Inactive Non-Urgency Non-Appropriations Majority Vote Required Non-State-Mandated Local Program Non-Fiscal Non-Tax Levy LAST HIST. ACT. DATE: 02/01/2012 LAST HIST. ACTION : Died pursuant to Art. IV, Sec. 10(c) of the Constitution. From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. COMM. LOCATION : ASM BANKING AND FINANCE TITLE : An act to add Section 2924m to the Civil Code, relating to mortgages.