1999 Regular Session

SENATE BILL 222

File Code: Commercial Law - Credit Regulation Crossfiled with: HOUSE BILL 427
Sponsored By:
Senator Astle
Entitled:
Mortgage Lending - Private Mortgage Insurance

Synopsis:

Repealing specified provisions of State law that require specified lenders to furnish to borrowers a specified statement relating to private mortgage insurance; altering specified provisions of State law relating to private mortgage insurance to conform to the provisions of the federal Homeowners Protection Act of 1998; and providing for the effective date of the Act.

History by Legislative Date

Senate Action
2/1
First Reading Finance
2/3
Hearing 2/23 at 1:00 p.m.
3/4

Favorable with Amendments Report by Finance
3/5
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/9
Third Reading Passed (47-0)
4/6
Senate Concur - House Amendments
Third Reading Passed (46-0)
Passed Enrolled
5/27
Governor vetoed - Cross-filed bill was signed
House Action
3/10
First Reading Economic Matters
3/17
Hearing 3/31 at 1:00 p.m.
4/2
Favorable with Amendments Report by Economic Matters
3/31
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/1
Third Reading Passed with Amendments (136-0)
Bill indexed under the following Subjects:
CONSUMER PROTECTION -see also- ADVTG.; LABELING; WARRANTIES.
DISCLOSURE
FEDERAL GOVERNMENT
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
MORTGAGES
Bill affects the following Statutes:
Commercial Law
( 12-106 )
Financial Institutions
( 5-508 , 9-903 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 137365/2 (PDF)     Offered on: March 5, 1999   at: 11:34 a.m.     Status: Adopted
House
Number: 803684/1 (PDF)     Offered on: April 2, 1999   at: 11:54 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 9, 1999: Third Reading Passed (47-0)
April 6, 1999: Third Reading Passed (46-0)
House
April 1, 1999: Third Reading Passed (136-0)