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

MyFloridaHouse.gov | Mobile Site

Senate Tracker: Sign Up | Login

The Florida Senate

Track This Bill

Glossary of Legislative Terms

CS/CS/SB 1316: Loan Processing

GENERAL BILL by Budget Subcommittee on General Government Appropriations ; Banking and Insurance ; Detert

Loan Processing; Specifies rulemaking powers of the Financial Services Commission. Provides an exemption from regulation under ch. 494, F.S., for certain persons regulated under such provisions. Includes in-house loan processors in disciplinary provisions. Provides that specified provisions do not apply to a licensed contract loan processor who has on file with the office a declaration of intent to act solely as a contract loan processor. Revises provisions relating to disclosure of settlement charges and loan terms, etc.

Effective Date: 7/1/2011
 Last Action: 5/31/2011 - Chapter No. 2011-71
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Budget Subcommittee on General Government Appropriations (BGA)
  3. Budget (BC)

View By Bill Version View By Category

Expand All Collapse All

  • Bill History

    Date Chamber Action
    2/22/2011 Senate • Filed
    3/7/2011 Senate • Referred to Banking and Insurance; Budget -SJ 97
    3/8/2011 Senate • Introduced -SJ 97
    3/17/2011 Senate • On Committee agenda-- Banking and Insurance, 03/22/11, 1:15 pm, 412 Knott Building
    3/22/2011 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 286
    3/24/2011 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Budget -SJ 286
    • CS by Banking and Insurance read 1st time -SJ 290
    4/7/2011 Senate • Also referred to Rules -SJ 461
    4/8/2011 Senate • Subreferred to Budget Subcommittee on General Government Appropriations -SJ 473
    • Now in Budget Subcommittee on General Government Appropriations
    • On Committee agenda-- Budget Subcommittee on General Government Appropriations, 04/13/11, 9:15 am, 401 Senate Office Building
    4/13/2011 Senate • CS/CS by Budget Subcommittee on General Government Appropriations; YEAS 6 NAYS 0 -SJ 470
    4/14/2011 Senate • Now in Budget -SJ 470
    4/20/2011 Senate • On Committee agenda-- Budget, 04/25/11, 1:15 pm, 412 Knott Building
    4/25/2011 Senate • Favorable by Budget; YEAS 20 NAYS 0 -SJ 469
    4/26/2011 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • CS/CS by Budget Subcommittee on General Government Appropriations read 1st time -SJ 485
    4/27/2011 Senate • Now in Rules -SJ 469
    5/2/2011 Senate • Withdrawn from Rules -SJ 712
    • Placed on Calendar, on 2nd reading
    5/3/2011 Senate • Placed on Special Order Calendar, 05/04/11
    5/4/2011 Senate • Read 2nd time -SJ 836
    • Amendment(s) adopted (431722, 560290) -SJ 836
    • Read 3rd time -SJ 837
    • CS passed as amended; YEAS 39 NAYS 0 -SJ 837
    5/4/2011 House • In Messages
    5/6/2011 House • Referred to Calendar -HJ 1557, 1981
    • Received -HJ 1557
    • Read 2nd time -HJ 1557
    • Read 3rd time -HJ 1557
    • CS passed; YEAS 116 NAYS 1 -HJ 1557
    5/6/2011 Senate • Ordered enrolled -SJ 1848
    5/23/2011 • Signed by Officers and presented to Governor
    5/31/2011 • Approved by Governor
    • Chapter No. 2011-71

    Top of SectionTop of Page

  • CS/CS/SB 1316, Enrolled (Current Bill Version) Posted 5/9/2011 at 6:28 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 823 (c2) Loan Processing Workman Similar Last Action: 5/7/2011 H Died on Calendar, companion bill(s) passed, see CS/CS/SB 1316 (Ch. 2011-71)
    Location: On 2nd Reading Calendar     		Track This Bill

    Citations - Statutes (10)

    Citation Catchline Location in Bill Location In Bill Help
    494.001 Definitions. Page 2 (pdf)
    494.0011 Powers and duties of the commission and office. Page 4 (pdf)
    494.00115 Exemptions. Page 6 (pdf)
    494.00255 Administrative penalties and fines; license violations. Page 6 (pdf)
    494.00331 Loan originator employment. Page 8 (pdf)
    494.0035 Principal loan originator and branch manager for mortgage broker. Page 10 (pdf)
    494.0038 Loan origination and mortgage broker fees and disclosures. Page 10 (pdf)
    494.00421 Fees earned upon obtaining a bona fide commitment. Page 12 (pdf)
    494.00612 Mortgage lender license renewal. Page 12 (pdf)
    494.0067 Requirements of mortgage lenders. Page 13 (pdf)

    Top of SectionTop of Page

  • CS/CS/SB 1316, Engrossed 1 Posted 5/4/2011 at 5:47 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 823 (c2) Loan Processing Workman Similar Last Action: 5/7/2011 H Died on Calendar, companion bill(s) passed, see CS/CS/SB 1316 (Ch. 2011-71)
    Location: On 2nd Reading Calendar     		Track This Bill

    Floor Votes (1)

    Date Chamber Result
    5/6/2011 11:57 PM House 116 Yeas - 1 Nays

    Citations - Statutes (10)

    Citation Catchline Location in Bill Location In Bill Help
    494.001 Definitions. Page 2 (pdf)
    494.0011 Powers and duties of the commission and office. Page 4 (pdf)
    494.00115 Exemptions. Page 6 (pdf)
    494.00255 Administrative penalties and fines; license violations. Page 6 (pdf)
    494.00331 Loan originator employment. Page 8 (pdf)
    494.0035 Principal loan originator and branch manager for mortgage broker. Page 10 (pdf)
    494.0038 Loan origination and mortgage broker fees and disclosures. Page 10 (pdf)
    494.00421 Fees earned upon obtaining a bona fide commitment. Page 12 (pdf)
    494.00612 Mortgage lender license renewal. Page 12 (pdf)
    494.0067 Requirements of mortgage lenders. Page 13 (pdf)

    Top of SectionTop of Page

  • CS/CS/SB 1316, Committee Substitute 2 Posted 4/14/2011 at 5:51 PM

    Bill Text:   Web Page | PDF
    Analyses:   Budget (Pre-Meeting) 4/21/2011 (pdf)
    Budget (Post-Meeting) 4/26/2011 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 823 (c2) Loan Processing Workman Identical Last Action: 5/7/2011 H Died on Calendar, companion bill(s) passed, see CS/CS/SB 1316 (Ch. 2011-71)
    Location: On 2nd Reading Calendar     		Track This Bill

    Floor Amendments (2)

    Amendment Sponsor Filed Last Floor Action Format
    431722 - Amendment
    Between lines 151 and 152 insert:     		Detert 5/2/2011
    7:03 PM     		Senate: Adopted
    5/4/2011     		Web Page
    PDF
    560290 - Amendment
    Delete line 237 and insert:     		Detert 5/2/2011
    7:03 PM     		Senate: Adopted
    5/4/2011     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/25/2011 1:15 PM Budget 20 Yeas - 0 Nays

    Floor Votes (1)

    Date Chamber Result
    5/4/2011 5:01 PM Senate 39 Yeas - 0 Nays

    Citations - Statutes (9)

    Citation Catchline Location in Bill Location In Bill Help
    494.001 Definitions. Page 2 (pdf)
    494.0011 Powers and duties of the commission and office. Page 4 (pdf)
    494.00255 Administrative penalties and fines; license violations. Page 6 (pdf)
    494.00331 Loan originator employment. Page 7 (pdf)
    494.0035 Principal loan originator and branch manager for mortgage broker. Page 9 (pdf)
    494.0038 Loan origination and mortgage broker fees and disclosures. Page 10 (pdf)
    494.00421 Fees earned upon obtaining a bona fide commitment. Page 11 (pdf)
    494.00612 Mortgage lender license renewal. Page 12 (pdf)
    494.0067 Requirements of mortgage lenders. Page 12 (pdf)

    Top of SectionTop of Page

  • CS/SB 1316, Committee Substitute 1 Posted 3/24/2011 at 10:37 AM

    Bill Text:   Web Page | PDF
    Analyses:   Budget Subcommittee on General Government Appropriations (Pre-Meeting) 4/11/2011 (pdf)
    Budget Subcommittee on General Government Appropriations (Post-Meeting) 4/21/2011 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 823 (c2) Loan Processing Workman Compare Last Action: 5/7/2011 H Died on Calendar, companion bill(s) passed, see CS/CS/SB 1316 (Ch. 2011-71)
    Location: On 2nd Reading Calendar     		Track This Bill

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    594020 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Budget Subcommittee on General Government Appropriations
    (Diaz de la Portilla)     		4/11/2011
    5:32 PM     		Replaced by Committee Substitute
    4/13/2011     		Web Page
    PDF
    hierarchy 201126 - Amendment to Amendment (594020)
    Between lines 16 and 17 insert:     		Budget Subcommittee on General Government Appropriations
    (Diaz de la Portilla)     		4/12/2011
    7:16 PM     		Replaced by Committee Substitute
    4/13/2011     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    4/13/2011 9:15 AM Budget Subcommittee on General Government Appropriations 6 Yeas - 0 Nays

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    494.001 Definitions. Page 3 (pdf)
    494.0011 Powers and duties of the commission and office. Page 4 (pdf)
    494.0018 Penalties. Page 7 (pdf)
    494.0025 Prohibited practices. Page 7 (pdf)
    494.00255 Administrative penalties and fines; license violations. Page 7 (pdf)
    494.00312 Loan originator license. Page 10 (pdf)
    494.00314 Page 10 (pdf)
    494.00315 Page 13 (pdf)
    494.00331 Loan originator employment. Page 14 (pdf)
    494.0035 Principal loan originator and branch manager for mortgage broker. Page 15 (pdf)
    494.0038 Loan origination and mortgage broker fees and disclosures. Page 16 (pdf)
    494.00421 Fees earned upon obtaining a bona fide commitment. Page 17 (pdf)
    494.00611 Mortgage lender license. Page 18 (pdf)
    494.00612 Mortgage lender license renewal. Page 18 (pdf)
    494.0067 Requirements of mortgage lenders. Page 19 (pdf)

    Top of SectionTop of Page

  • SB 1316, Original Filed Version Posted 2/22/2011 at 1:34 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/21/2011 (pdf)
    Banking and Insurance (Post-Meeting) 3/24/2011 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 823 Loan Processing Workman Identical Last Action: 5/7/2011 H Died on Calendar, companion bill(s) passed, see CS/CS/SB 1316 (Ch. 2011-71)
    Location: On 2nd Reading Calendar     		Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    377698 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Banking and Insurance
    (Hays)     		3/21/2011
    11:12 AM     		Replaced by Committee Substitute
    3/22/2011     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/22/2011 1:15 PM Banking and Insurance 10 Yeas - 0 Nays

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    494.001 Definitions. Page 3 (pdf)
    494.0011 Powers and duties of the commission and office. Page 4 (pdf)
    494.0018 Penalties. Page 7 (pdf)
    494.0025 Prohibited practices. Page 6 (pdf)
    494.00255 Administrative penalties and fines; license violations. Page 7 (pdf)
    494.00312 Loan originator license. Page 13 (pdf)
    494.00314 Page 9 (pdf)
    494.00315 Page 12 (pdf)
    494.00331 Loan originator employment. Page 13 (pdf)
    494.0035 Principal loan originator and branch manager for mortgage broker. Page 15 (pdf)
    494.0038 Loan origination and mortgage broker fees and disclosures. Page 16 (pdf)
    494.00421 Fees earned upon obtaining a bona fide commitment. Page 17 (pdf)
    494.00611 Mortgage lender license. Page 18 (pdf)
    494.00612 Mortgage lender license renewal. Page 18 (pdf)
    494.0067 Requirements of mortgage lenders. Page 18 (pdf)

    Top of SectionTop of Page