Senate Bill 479
Repeals provisions relating to certain mortgage loan originators. (BDR 55-148)
Introduced in the Senate on Mar 25, 2019.
Sponsored By: Commerce and Labor Primary
Fiscal Notes
Effect on Local Government: No.
Effect on State: No.
Most Recent History Action: Chapter 249.
| None scheduled |
| Committee | Date | Time | Agenda | Minutes | Action |
|---|---|---|---|---|---|
| Senate Commerce and Labor | Apr 01, 2019 | 01:00 PM | Agenda | Minutes | Do pass |
| Assembly Commerce and Labor | Apr 24, 2019 | 01:30 PM | Agenda | Minutes | Heard |
| Assembly Commerce and Labor | May 06, 2019 | 01:30 PM | Agenda | Minutes | Not considered Rescheduled |
| Assembly Commerce and Labor | May 10, 2019 | 12:30 PM | Agenda | Minutes | Do pass |
| House | Reprint | Date | Yea | Nay | Excused | Not Voting | Absent | |
|---|---|---|---|---|---|---|---|---|
| Senate Final Passage | (As Introduced) | Apr 08, 2019 | 21 | 0 | 0 | 0 | 0 | |
| Assembly Final Passage | (As Introduced) | May 24, 2019 | 39 | 0 | 2 | 0 | 0 | 1 |
Bill/Amendment Text
| Date | Action | Journal |
|---|---|---|
| Mar 25, 2019 | Read first time. Referred to Committee on Commerce and Labor. To printer. | |
| Mar 26, 2019 | From printer. To committee. | |
| Apr 02, 2019 | From committee: Do pass. | |
| Apr 05, 2019 | Read second time. | |
| Apr 08, 2019 | Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly. | |
| Apr 11, 2019 | In Assembly. Read first time. Referred to Committee on Commerce and Labor. To committee. | |
| May 14, 2019 | From committee: Do pass. | |
| May 15, 2019 | Read second time. | |
| May 16, 2019 | Taken from General File. Placed on General File for next legislative day. | |
| May 20, 2019 | Taken from General File. Placed on General File for next legislative day. | |
| May 21, 2019 | Taken from General File. Placed on General File for next legislative day. | |
| May 22, 2019 | Taken from General File. Placed on General File for next legislative day. | |
| May 23, 2019 | Taken from General File. Placed on General File for next legislative day. | |
| May 24, 2019 | Read third time. Passed. Title approved. (Yeas: 39, Nays: None, Excused: 2, Vacant: 1.) To Senate. | |
| May 27, 2019 | In Senate. To enrollment. | |
| May 28, 2019 | Enrolled and delivered to Governor. | |
| May 29, 2019 | Approved by the Governor. | |
| May 30, 2019 | Chapter 249. | |
| Effective July 1, 2019, for the purposes of adopting regulations and performing any other preparatory administrative tasks to register mortgage loan originators under the federal Secure and Fair Enforcement for Mortgage Licensing Act of 2008, 12 U.S.C. §§ 5101 et seq., commonly known as the SAFE Act; and upon the date of adoption of a Memorandum of Understanding between the Division of Financial Institutions of the Department of Business and Industry and the National Credit Union Administration for the registration of mortgage loan originators under the federal SAFE Act for all other purposes. | ||