CS/HB 845: Reverse Mortgage Loans
GENERAL BILL by Insurance, Business, and Financial Affairs Policy Committee ; Legg ; (CO-INTRODUCERS) Snyder
Reverse Mortgage Loans; Limits originating or making reverse mortgage loans to licensed mortgage lenders & mortgage brokers; specifies requirements for reverse mortgage loans; specifies loan limitations & parameters; authorizes mortgage lenders to impose & collect origination fee for reverse mortgage loans; specifies origination fee limitations; prohibits additional origination fees, etc.
Effective Date: 01/01/2011
Last Action: 4/30/2010 House - Died on Calendar
Bill Text: Web Page | PDF
Last Action: 4/30/2010 House - Died on Calendar
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/1/2010 House • Filed
2/10/2010 House • Referred to Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; General Government Policy Council
3/2/2010 House • Introduced, referred to Insurance, Business, & Financial Affairs Policy (GGPC); Policy Council; General Government Policy Council -HJ 00076
3/23/2010 House • On Committee agenda-- Insurance, Business, & Financial Affairs Policy (GGPC), 03/25/10, 2:45 pm, Webster Hall
3/25/2010 House • CS by Insurance, Business, & Financial Affairs Policy (GGPC); YEAS 12 NAYS 1 -HJ 00426
3/30/2010 House • CS read 1st time on 03/30/10 -HJ 00421; Pending review of CS under Rule 7.20
4/5/2010 House • Now in Policy Council -HJ 00488
4/7/2010 House • On Council agenda-- Policy Council, 04/09/10, 9:30 am, Morris Hall
4/9/2010 House • Favorable by Policy Council; YEAS 11 NAYS 0 -HJ 00662; Now in General Government Policy Council -HJ 00662
4/12/2010 House • On Council agenda-- General Government Policy Council, 04/14/10, 9:15 am, Morris Hall
4/14/2010 House • Favorable by- General Government Policy Council; YEAS 15 NAYS 0 -HJ 00722
4/15/2010 House • Placed on Calendar -HJ 00722
4/30/2010 House • Died on Calendar
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CS/HB 845, Committee Substitute 1 (Current Bill Version) Posted 3/30/2010 at 3:02 PM
Bill Text: Web Page | PDF Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location S 1532 (c1) Reverse Mortgage Loans [WPSC] Fasano Similar Last Action: 4/30/2010 H Died in Messages
Location:Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 494.00297 -
HB 845, Original Filed Version Posted 2/1/2010 at 2:22 PM
Bill Text: Web Page | PDF Analyses: Insurance, Business, and Financial Affairs Policy Committee (Post-Meeting) (pdf)