Skip to Navigation | Skip to Main Content | Skip to Site Map

MyFloridaHouse.gov | Mobile Site

Senate Tracker: Sign Up | Login

The Florida Senate

CS/SB 1532: Reverse Mortgage Loans [WPSC]

GENERAL BILL by Banking and Insurance ; Fasano ; (CO-INTRODUCERS) Justice

Reverse Mortgage Loans [WPSC]; Provides definitions. Specifies who may originate or make a loan. Specifies the requirements for reverse mortgage loans. Authorizes certain fees and charges for loans. Requires mortgage lenders to disclose certain loan information to mortgagors. Prohibits lenders from requiring reverse mortgage loan applicants to purchase certain financial products. Authorizes the Financial Services Commission to adopt rules, etc.

Effective Date: 01/01/2011
Last Action: 4/30/2010 House - Died in Messages
Bill Text: Web Page | PDF

Expand All Collapse All

  • Bill History

    Date Chamber Action
    1/27/2010 Senate • Filed
    2/3/2010 Senate • Referred to Banking and Insurance
    2/5/2010 Senate • On Committee agenda-- Banking and Insurance, 02/16/10, 1:30 pm, 412-K
    2/16/2010 Senate • CS by- Banking and Insurance; YEAS 8 NAYS 0
    2/17/2010 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
    2/25/2010 Senate • Placed on Calendar, on 2nd reading
    3/2/2010 Senate • Introduced, referred to Banking and Insurance -SJ 00108; On Committee agenda-- Banking and Insurance, 02/16/10, 1:30 pm, 412-K; CS by- Banking and Insurance; YEAS 8 NAYS 0 -SJ 00164; CS read 1st time on 03/02/10 -SJ 00159; Pending reference review -under Rule 4.7(2) - (Committee Substitute); Placed on Calendar, on 2nd reading -SJ 00165; Placed on Special Order Calendar; Read 2nd time -SJ 00006
    3/3/2010 Senate • Read 3rd time -SJ 00180; CS passed; YEAS 40 NAYS 0 -SJ 00180
    3/16/2010 House • In Messages
    4/30/2010 House • Died in Messages

    Top of SectionTop of Page

  • CS/SB 1532, Committee Substitute 1 (Current Bill Version) Posted 2/17/2010 at 2:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) 2/17/2010 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 845 (c1) Reverse Mortgage Loans Legg Similar Last Action: 4/30/2010 H Died on Calendar
    Location:

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    860591 - Amendment
    Legg 4/26/2010
    6:19 PM
    PDF

    Floor Votes (1)

    Date Chamber Result
    3/3/2010 1:45 PM Senate 40 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    494.00297

    Top of SectionTop of Page

  • SB 1532, Original Filed Version Posted 1/27/2010 at 2:29 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    824776 - Amendment
    Banking and Insurance
    (Fasano)
    2/15/2010
    12:57 PM
    Replaced by Committee Substitute
    2/16/2010
    PDF
    hierarchy 694236 - Amendment to Amendment (824776)
    Banking and Insurance
    (Fasano)
    2/16/2010
    12:19 PM
    Replaced by Committee Substitute
    2/16/2010
    PDF

    Committee Votes (1)

    Date Committee Result
    2/16/2010 1:30 PM Banking and Insurance 8 Yeas - 0 Nays

    Top of SectionTop of Page