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CS/SB 894: Mortgage Regulation

GENERAL BILL by Rules ; Garcia

Mortgage Regulation; Defining the term “business purpose loan”; defining the term “hold himself or herself out to the public as being in the mortgage lending business”; prohibiting the misrepresentation of a residential mortgage loan as a business purpose loan, etc.

Effective Date: 7/1/2019
Last Action: 3/1/2018 Senate - Laid on Table, companion bill(s) passed, see CS/HB 935 (Ch. 2018-61) -SJ 435
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)
  3. Rules (RC)



Bill History

Date Chamber Action
11/14/2017 Senate • Filed
12/4/2017 Senate • Referred to Banking and Insurance; Commerce and Tourism; Rules -SJ 68
1/9/2018 Senate • Introduced -SJ 68
1/18/2018 Senate • On Committee agenda-- Banking and Insurance, 01/23/18, 3:30 pm, 110 Senate Office Building
1/23/2018 Senate • Favorable by Banking and Insurance; YEAS 10 NAYS 0 -SJ 220
1/24/2018 Senate • Now in Commerce and Tourism -SJ 220
2/1/2018 Senate • On Committee agenda-- Commerce and Tourism, 02/06/18, 9:00 am, 110 Senate Office Building
2/6/2018 Senate • Favorable by Commerce and Tourism; YEAS 6 NAYS 0 -SJ 296
• Now in Rules -SJ 296
2/12/2018 Senate • On Committee agenda-- Rules, 02/15/18, 10:00 am, 110 Senate Office Building
2/15/2018 Senate • CS by- Rules; YEAS 10 NAYS 0 -SJ 353
2/16/2018 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
2/20/2018 Senate • Placed on Calendar, on 2nd reading -SJ 353
• CS by Rules read 1st time -SJ 356
2/26/2018 Senate • Placed on Special Order Calendar, 02/28/18 -SJ 409
2/28/2018 Senate • Read 2nd time -SJ 406
• Placed on 3rd reading
3/1/2018 Senate • Read 3rd time -SJ 435
• Substituted CS/HB 935 -SJ 435
• Laid on Table, companion bill(s) passed, see CS/HB 935 (Ch. 2018-61) -SJ 435