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CS/HB 935: Mortgage Regulation

GENERAL BILL by Commerce Committee ; Nunez

Mortgage Regulation ; Defining the term "business purpose loan"; defining the term "hold himself or herself out to the public as being in the mortgage lending business"; prohibiting the misrepresentation of a residential mortgage loan as a business purpose loan, etc.

Effective Date: 7/1/2019
 Last Action: 3/22/2018 - Chapter No. 2018-61
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    12/7/2017 House • Filed
    12/13/2017 House • Referred to Insurance and Banking Subcommittee; Commerce Committee -HJ 81
    1/9/2018 House • Introduced -HJ 81
    1/12/2018 House • On Committee agenda-- Insurance and Banking Subcommittee, 01/17/18, 12:30 pm, Sumner Hall
    1/17/2018 House • Favorable by Insurance and Banking Subcommittee; YEAS 13 NAYS 1 -HJ 354
    • Now in Commerce Committee -HJ 354
    1/22/2018 House • On Committee agenda-- Commerce Committee, 01/24/18, 1:00 pm, Webster Hall
    1/24/2018 House • CS by- Commerce Committee; YEAS 25 NAYS 0 -HJ 433
    1/25/2018 House • Pending review of CS -under Rule 7.18(c)
    • CS by Commerce Committee read 1st time -HJ 428
    1/26/2018 House • Placed on Calendar -HJ 440
    2/15/2018 House • Placed on Special Order Calendar, 02/20/18
    2/20/2018 House • Read 2nd time -HJ 625
    • Amendment(s) adopted (316819) -HJ 625, 626
    • Placed on 3rd reading
    2/21/2018 House • Read 3rd time -HJ 653
    • CS passed as amended; YEAS 112 NAYS 0 -HJ 653
    2/28/2018 Senate • In Messages
    • Referred to Banking and Insurance; Commerce and Tourism; Rules -SJ 418
    • Received -SJ 418
    3/1/2018 Senate • Withdrawn from Banking and Insurance; Commerce and Tourism; Rules -SJ 435
    • Placed on Calendar, on 2nd reading -SJ 435
    • Substituted for CS/SB 894 -SJ 435
    • Read 2nd time -SJ 435
    • Read 3rd time -SJ 435
    • CS passed; YEAS 37 NAYS 0 -SJ 435
    3/1/2018 House • Ordered enrolled -HJ 768
    3/14/2018 • Signed by Officers and presented to Governor
    3/21/2018 • Approved by Governor
    3/22/2018 • Chapter No. 2018-61

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  • CS/HB 935, Enrolled (Current Bill Version) Posted 3/1/2018 at 4:24 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 894 (c1) Mortgage Regulation Garcia Identical Last Action: 3/1/2018 S Laid on Table, companion bill(s) passed, see CS/HB 935 (Ch. 2018-61) -SJ 435 Track This Bill

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    494.001 Definitions. Page 1 (pdf)
    494.00115 Exemptions. Page 2 (pdf)
    494.0018 Penalties. Page 4 (pdf)
    494.0025 Prohibited practices. Page 3 (pdf)

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  • CS/HB 935, Engrossed 1 Posted 3/1/2018 at 2:17 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 894 (c1) Mortgage Regulation Garcia Identical Last Action: 3/1/2018 S Laid on Table, companion bill(s) passed, see CS/HB 935 (Ch. 2018-61) -SJ 435 Track This Bill

    Floor Votes (2)

    Date Chamber Result
    2/21/2018 2:17 PM House 112 Yeas - 0 Nays
    3/1/2018 2:46 PM Senate 37 Yeas - 0 Nays

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    494.001 Definitions. Page 1 (pdf)
    494.00115 Exemptions. Page 2 (pdf)
    494.0018 Penalties. Page 4 (pdf)
    494.0025 Prohibited practices. Page 3 (pdf)

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  • CS/HB 935, Committee Substitute 1 Posted 1/25/2018 at 12:45 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 894 (c1) Mortgage Regulation Garcia Similar Last Action: 3/1/2018 S Laid on Table, companion bill(s) passed, see CS/HB 935 (Ch. 2018-61) -SJ 435 Track This Bill
    S 282 Mortgage Regulation Baxley Compare Last Action: 9/19/2017 S Withdrawn prior to introduction, companion bill(s) passed, see HB 193 (Ch. 2018-44) -SJ 26 Track This Bill

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    316819 - Strike All Amendment
    Remove everything after the enacting clause and insert:     		Nunez 2/16/2018
    3:44 PM     		House: Adopted
    2/20/2018     		PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    494.001 Definitions. Page 1 (pdf)
    494.00115 Exemptions. Page 2 (pdf)

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  • HB 935, Original Filed Version Posted 12/7/2017 at 11:22 AM

    Bill Text:   PDF
    Analyses:   Insurance and Banking Subcommittee (Post-Meeting) 3/22/2018 (pdf)
    Commerce Committee (Post-Meeting) 1/25/2018 (pdf)

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 894 Mortgage Lending Garcia Similar Last Action: 3/1/2018 S Laid on Table, companion bill(s) passed, see CS/HB 935 (Ch. 2018-61) -SJ 435 Track This Bill
    S 282 Mortgage Regulation Baxley Compare Last Action: 9/19/2017 S Withdrawn prior to introduction, companion bill(s) passed, see HB 193 (Ch. 2018-44) -SJ 26 Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    773451 - Amendment
    Remove line 53 and insert:     		Nunez 1/23/2018
    6:16 PM     		Adopted without Objection
    1/24/2018     		PDF

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    494.001 Definitions. Page 1 (pdf)
    494.00115 Exemptions. Page 2 (pdf)

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