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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

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  • 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

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  • CS/SB 2548, Committee Substitute 1 (Current Bill Version) Posted 3/25/2010 at 1:51 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Post-Meeting) (pdf)
    Commerce (Post-Meeting) (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 1281 (e1) Workman Identical Last Action: 5/11/2010 Approved by Governor; Chapter No. 2010-67
    Location:

    Committee Votes (1)

    Date Committee Result
    4/7/2010 10:15 AM Commerce 9 Yeas - 1 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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  • SB 2548, Original Filed Version Posted 2/26/2010 at 10:45 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    387262 - Amendment
    Banking and Insurance
    (Bennett)
    3/23/2010
    12:13 PM
    Replaced by Committee Substitute
    3/24/2010
    PDF

    Committee Votes (1)

    Date Committee Result
    3/24/2010 1:15 PM Banking and Insurance 10 Yeas - 0 Nays

    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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