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Legislation


2012 Regular Session

SENATE BILL 546

File Code: Financial Institutions
Sponsored By:
Chair, Finance Committee (By Request - Departmental - Labor, Licensing and Regulation)
Entitled:
Financial Institutions - Mortgage Lenders and Mortgage Loan Originators

Synopsis:

Requiring an applicant for a mortgage lender license or a mortgage loan originator license to complete, sign, and submit an application in accordance with the process that the Commissioner of Financial Regulation requires; requiring the applicants to provide specified information to the Commissioner; making specified mortgage lender and mortgage loan originator license fees nonrefundable; altering specified reporting requirements for mortgage lender licensees; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
Senate Action
2/3
First Reading Finance
Referred Finance
Hearing 2/21 at 1:00 p.m.
2/23

Favorable with Amendments Report by Finance
2/24
Favorable with Amendments {817378/1 Report Adopted
Second Reading Passed with Amendments
2/28
Third Reading Passed (46-0)
3/31
Senate Concur - House Amendment
Third Reading Passed (45-0)
Passed Enrolled
House Action
2/29
First Reading Economic Matters
3/6
Hearing 3/20 at 1:00 p.m.
3/16
Hearing cancelled
Hearing 3/27 at 1:00 p.m.
Hearing cancelled
Hearing 3/20 at 1:00 p.m.
4/4
Favorable with Amendments Report by Economic Matters
3/30
Favorable with Amendments {193796/1 Report Adopted
Second Reading Passed with Amendments
3/31
Third Reading Passed with Amendments (138-0)
Action after passage in Senate and House
5/2
Approved by the Governor
- Chapter 254

Sponsored by:

Finance Committee, Chair
Departmental
Labor, Licensing and Regulation, Department of

Bill indexed under the following Subjects:

Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates.
Financial Institutions -see also- Banks; Credit Unions; etc.
Financial Regulation, Division of
Interstate Affairs
Licenses -see also- Alcoholic Bev Lic; Drivers' Licenses
Loans -see also- Mortgages
Mortgages
Names
Notices
Reports

Bill affects the following Statutes:

Financial Institutions
( 11-507 , 11-507 , 11-508.1 , 11-511 , 11-513.1 , 11-603 , 11-603.1 , 11-604 , 11-608 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note: Available
Amendments:
Senate
Number: 817378/01     Offered on: February 24, 2012   at: 11:43 a.m.     Status: Adopted
House
Number: 193796/01     Offered on: April 4, 2012   at: 12:03 p.m.     Status: Adopted
Committee Votes :
Senate
Finance
House
Economic Matters
Roll Call Votes (Legislative dates are shown):
Senate
February 28, 2012: Third Reading Passed (46-0)
March 31, 2012: Third Reading Passed (45-0)
House
March 31, 2012: Third Reading Passed (138-0)
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