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CS/SB 2526: Mortgage Lenders [EPCC]

GENERAL BILL by Banking and Insurance ; Bennett

Mortgage Lenders [EPCC]; exempts from licensure requirements certain persons who are under exclusive contract with licensed mortgage lender; establishes requirements for such persons, including obtaining undertaking of responsibility & surety bond. Amends 494.006.

Effective Date: 07/01/2007
Last Action: 5/4/2007 Senate - Died in Committee on Commerce
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/2/2007 Senate • Filed
    3/20/2007 Senate • Introduced, referred to Banking and Insurance; Commerce; General Government Appropriations -SJ 00179
    3/22/2007 Senate • On Committee agenda-- Banking and Insurance, 03/27/07, 9:00 am, 412-K --Not considered
    4/4/2007 Senate • On Committee agenda-- Banking and Insurance, 04/09/07, 1:15 pm, 412-K --Amended-Temporarily postponed
    4/11/2007 Senate • On Committee agenda-- Banking and Insurance, 04/16/07, 1:30 pm, 412-K
    4/16/2007 Senate • CS by Banking and Insurance; YEAS 8 NAYS 1 -SJ 00439; CS read 1st time on 04/18/07 -SJ 00452
    4/18/2007 Senate • Pending reference review under Rule 4.7(2); Now in Commerce -SJ 00439; On Committee agenda-- Commerce, 04/23/07, 9:30 am, 401-S --Temporarily postponed
    5/4/2007 Senate • Died in Committee on Commerce

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  • CS/SB 2526, Committee Substitute 1 (Current Bill Version) Posted 4/18/2007 at 1:37 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 4/16/2007 (pdf)
    Commerce (Post-Meeting) 4/18/2007 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 1355 Mortgage Broker & Lender License Exemptions Richter Compare Last Action: 5/4/2007 H Died in Jobs & Entrepreneurship Council
    Location:

    Committee Votes (1)

    Date Committee Result
    4/23/2007 9:30 AM Commerce View Vote Record

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    494.006 Exemptions.

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  • SB 2526, Original Filed Version Posted 3/2/2007 at 9:16 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    435402 - Amendment
    Banking and Insurance
    (Bennett)
    3/26/2007
    11:05 AM
    Replaced by Committee Substitute
    4/16/2007
    Web Page
    PDF
    661464 - Amendment
    Banking and Insurance
    (Bennett)
    3/26/2007
    11:05 AM
    Replaced by Committee Substitute
    4/16/2007
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/16/2007 1:30 PM Banking and Insurance 8 Yeas - 1 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    494.006 Exemptions.

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