Mortgage loan originators; SCC authorized to issue transitional license. (HB954)
Introduced By
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Transitional mortgage loan originators; licensing. Authorizes the State Corporation Commission to issue a transitional mortgage loan originator license to an individual who either (i) has an active license to originate mortgage loans pursuant to the laws of another state or a U.S. territory and satisfies certain registration requirements or (ii) was formerly a registered loan originator and is in the process of meeting the requirements necessary to obtain a mortgage loan originator license. Transitional licenses may be issued only if permitted by under federal law. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/08/2014 | Committee |
01/08/2014 | Prefiled and ordered printed; offered 01/08/14 14102934D |
01/08/2014 | Referred to Committee on Commerce and Labor |
01/15/2014 | Impact statement from SCC (HB954) |
01/23/2014 | Impact statement from SCC (HB954) |
01/23/2014 | Reported from Commerce and Labor with substitute (20-Y 0-N) (see vote tally) |
01/23/2014 | Committee substitute printed 14103751D-H1 |
01/27/2014 | Read first time |
01/28/2014 | Read second time |
01/28/2014 | Committee substitute agreed to 14103751D-H1 |
01/28/2014 | Engrossed by House - committee substitute HB954H1 |
01/29/2014 | Read third time and passed House BLOCK VOTE (99-Y 0-N) |
01/29/2014 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
01/30/2014 | Constitutional reading dispensed |
01/30/2014 | Referred to Committee on Commerce and Labor |
01/31/2014 | Impact statement from SCC (HB954H1) |
02/24/2014 | Reported from Commerce and Labor (16-Y 0-N) (see vote tally) |
02/26/2014 | Constitutional reading dispensed (38-Y 0-N) |
02/27/2014 | Read third time |
02/27/2014 | Passed Senate (40-Y 0-N) |
03/04/2014 | Enrolled |
03/04/2014 | Bill text as passed House and Senate (HB954ER) |
03/04/2014 | Signed by Speaker |
03/05/2014 | Impact statement from SCC (HB954ER) |
03/07/2014 | Signed by President |
03/27/2014 | G Approved by Governor-Chapter 343 (effective 7/1/14) |
03/27/2014 | G Acts of Assembly Chapter text (CHAP0343) |