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CS/HB 1281: Loan Origination [CPSC]

GENERAL BILL by Insurance, Business, and Financial Affairs Policy Committee ; Workman ; (CO-INTRODUCERS) Ambler ; Rogers

Loan Origination [CPSC]; Reenacts 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 specified limitations to licensed loan originators operating solely as loan processors; prohibits acting as loan processor unless licensed as loan originator, etc.

Effective Date: 10/01/2010
Last Action: 5/11/2010 - Approved by Governor; Chapter No. 2010-67
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/24/2010 House • Filed
    3/2/2010 House • Introduced -HJ 00116
    3/3/2010 House • Referred to Insurance, Business, & Financial Affairs Policy (GGPC); Government Operations Appropriations (CGHC); General Government Policy Council -HJ 00205
    3/9/2010 House • On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 03/11/10, 8:30 am, Webster Hall
    3/11/2010 House • CS by Insurance, Business, & Financial Affairs Policy (GGPC); YEAS 13 NAYS 0 -HJ 00280
    3/15/2010 House • CS read 1st time on 03/15/10 -HJ 00278; Pending review of CS under Rule 7.20
    3/16/2010 House • Original reference(s) removed: Government Operations Appropriations (CGHC); CS referred to General Government Policy Council -HJ 00300; Now in General Government Policy Council
    3/23/2010 House • On Council agenda-- General Government Policy Council, 03/25/10, 1:00 pm, Morris Hall
    3/25/2010 House • Favorable by- General Government Policy Council; YEAS 12 NAYS 0 -HJ 00409
    3/26/2010 House • Placed on Calendar -HJ 00409
    4/13/2010 House • Placed on Special Order Calendar; Read 2nd time -HJ 00668
    4/15/2010 House • Read 3rd time -HJ 00688; Amendment(s) adopted -HJ 00688; CS passed as amended; YEAS 114 NAYS 0 -HJ 00688; Immediately certified -HJ 00714
    4/15/2010 Senate • In Messages
    4/16/2010 Senate • Received -SJ 00649; Referred to Banking and Insurance; Commerce -SJ 00649; Withdrawn from Banking and Insurance; Commerce -SJ 00623; Substituted for CS/SB 2548 -SJ 00623; Read 2nd time -SJ 00623; Read 3rd time -SJ 00623; CS passed; YEAS 38 NAYS 0 -SJ 00623
    4/21/2010 House • Ordered enrolled -HJ 00841
    4/30/2010 • Signed by Officers and presented to Governor -HJ 01700
    5/11/2010 • Approved by Governor; Chapter No. 2010-67

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  • CS/HB 1281, Enrolled (Current Bill Version) Posted 4/21/2010 at 7:51 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 2548 (c1) Loan Origination [CPSC] Detert Identical Last Action: 4/16/2010 S 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
    Location:

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    494.00255 Administrative penalties and fines; license violations.
    494.00331 Mortgage broker association.
    494.0038 Mortgage broker disclosures.
    494.0067 Requirements of licensees under ss. 494.006-494.0077.

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  • CS/HB 1281, Engrossed 1 Posted 4/15/2010 at 3:00 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Votes (1)

    Date Chamber Result
    4/16/2010 10:17 AM Senate 38 Yeas - 0 Nays

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    494.00255 Administrative penalties and fines; license violations.
    494.00331 Mortgage broker association.
    494.0038 Mortgage broker disclosures.
    494.0067 Requirements of licensees under ss. 494.006-494.0077.

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  • CS/HB 1281, Committee Substitute 1 Posted 3/15/2010 at 11:35 AM

    Bill Text:   Web Page | PDF
    Analyses:   General Government Policy Council (Post-Meeting) (pdf)
    General Government Policy Council (Post-Meeting) (pdf)
    Insurance, Business, and Financial Affairs Policy Committee (Post-Meeting) (pdf)

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    013005 - Amendment
    Workman 4/14/2010
    1:58 PM
    PDF

    Floor Votes (1)

    Date Chamber Result
    4/15/2010 1:42 PM House 114 Yeas - 0 Nays

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    494.00255 Administrative penalties and fines; license violations.
    494.00331 Mortgage broker association.
    494.0038 Mortgage broker disclosures.
    494.0067 Requirements of licensees under ss. 494.006-494.0077.

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  • HB 1281, Original Filed Version Posted 2/24/2010 at 5:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance, Business, and Financial Affairs Policy Committee (Post-Meeting) (pdf)

    Citations - Statutes (3)

    Citation Catchline Location in Bill Location In Bill Help
    494.00255 Administrative penalties and fines; license violations.
    494.00331 Mortgage broker association.
    494.0038 Mortgage broker disclosures.

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