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CS/SB 2548: Loan Origination [CPSC]

GENERAL BILL by Banking and Insurance ; Detert

Loan Origination [CPSC]; Reenacts a reference to certain federal laws for purposes of incorporating rules adopted under such laws. Specifies application of disciplinary procedures to principal loan originators for actions of loan originators. Specifies nonapplication of certain limitations to licensed loan originators operating solely as loan processors. Removes the requirement for licensure application under certain conditions, etc.

Effective Date: 10/01/2010
Last Action: 4/16/2010 Senate - Read 3rd time -SJ 00623; Substituted CS/HB 1281 -SJ 00623; Laid on Table, companion bill(s) passed, see CS/HB 1281 (Ch. 2010-67) -SJ 00623
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/26/2010 Senate • Filed
3/4/2010 Senate • Referred to Banking and Insurance; Commerce -SJ 00218
3/11/2010 Senate • Introduced -SJ 00218
3/19/2010 Senate • On Committee agenda-- Banking and Insurance, 03/24/10, 1:15 pm, 412-K
3/24/2010 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 00344; CS read 1st time on 03/25/10 -SJ 00348
3/25/2010 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
3/30/2010 Senate • Now in Commerce -SJ 00344
4/2/2010 Senate • On Committee agenda-- Commerce, 04/07/10, 10:15 am, 401-S
4/7/2010 Senate • Favorable by- Commerce; YEAS 9 NAYS 1 -SJ 00524
4/8/2010 Senate • Placed on Calendar, on 2nd reading -SJ 00524
4/15/2010 Senate • Placed on Special Order Calendar; Read 2nd time -SJ 00584
4/16/2010 Senate • Read 3rd time -SJ 00623; Substituted CS/HB 1281 -SJ 00623; Laid on Table, companion bill(s) passed, see CS/HB 1281 (Ch. 2010-67) -SJ 00623