Mortgage loan originators; definition, establishes licensure and registry. (HB2031)
Introduced By
Del. Danny Marshall (R-Danville) with support from co-patron Del. Bob Hull (D-Falls Church)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Mortgage loan originators. Defines mortgage originator; establishes licensure and registry for originators in conjunction with the federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008; and coordinates Virginia actions with the Nationwide Mortgage Licensing System and Registry, a system developed and maintained by the Conference of State Bank Supervisors that includes background checks and educational requirements. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/13/2009 | Committee |
| 01/13/2009 | Prefiled and ordered printed; offered 01/14/09 097430612 |
| 01/13/2009 | Referred to Committee on Commerce and Labor |
| 01/21/2009 | Assigned C & L sub: 2 |
| 01/22/2009 | Impact statement from SCC (HB2031) |
| 01/29/2009 | Subcommittee recommends reporting with amendment(s) |
| 02/03/2009 | Reported from Commerce and Labor with substitute (21-Y 0-N) (see vote tally) |
| 02/03/2009 | Committee substitute printed 090168612-H1 |
| 02/05/2009 | Read first time |
| 02/06/2009 | Impact statement from SCC (HB2031H1) |
| 02/06/2009 | Read second time |
| 02/06/2009 | Committee substitute agreed to 090168612-H1 |
| 02/06/2009 | Engrossed by House - committee substitute HB2031H1 |
| 02/08/2009 | Passed by for the day |
| 02/09/2009 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
| 02/09/2009 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
| 02/10/2009 | Constitutional reading dispensed |
| 02/10/2009 | Referred to Committee on Commerce and Labor |
| 02/11/2009 | Constitutional reading dispensed |
| 02/11/2009 | Referred to Committee on Commerce and Labor |
| 02/16/2009 | Reported from Commerce and Labor (15-Y 0-N) (see vote tally) |
| 02/18/2009 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
| 02/19/2009 | Read third time |
| 02/19/2009 | Passed Senate (40-Y 0-N) (see vote tally) |
| 02/24/2009 | Enrolled |
| 02/24/2009 | Bill text as passed House and Senate (HB2031ER) |
| 02/24/2009 | Impact statement from SCC (HB2031ER) |
| 02/25/2009 | Signed by Speaker |
| 02/27/2009 | Signed by President |
| 03/27/2009 | G Approved by Governor-Chapter 453 (effective 7/1/09) |
| 03/27/2009 | G Acts of Assembly Chapter text (CHAP0453) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 30 seconds.