l9n/ Mississippi

2010 Regular Session

House Bill 223

MS S.A.F.E. Mortgage Licensing Act of 2009; extend repealer on.

Became law as Chapter 462, Laws of 2010, signed April 1, 2010, 86 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO REENACT SECTIONS 81-18-1 THROUGH 81-18-63, MISSISSIPPI CODE OF 1972, KNOWN AS THE "MISSISSIPPI S.A.F.E. MORTGAGE LICENSING ACT OF 2009"; TO AMEND REENACTED SECTION 81-18-1, MISSISSIPPI CODE OF 1972, TO REVISE THE SHORT TITLE OF THE ACT; TO AMEND REENACTED SECTION 81-18-3, MISSISSIPPI CODE OF 1972, TO CLARIFY THE DEFINITION OF THE TERMS "BORROWER," "MORTGAGE LOAN ORIGINATOR" AND "QUALIFYING INDIVIDUAL"; TO AMEND REENACTED SECTION 81-18-5, MISSISSIPPI CODE OF 1972, TO EXEMPT CERTAIN SMALL LOAN LICENSEES FROM THE PROVISIONS OF THE ACT; TO AMEND REENACTED SECTION 81-18-9, MISSISSIPPI CODE OF 1972, TO REMOVE THE COMMISSIONER'S DISCRETION TO ISSUE OR DENY A MORTGAGE LOAN ORIGINATOR LICENSE WHEN A CONVICTION OCCURRED BEFORE THE SEVEN-YEAR PERIOD PRECEDING THE DATE OF APPLICATION; TO AMEND REENACTED SECTION 81-18-15, MISSISSIPPI CODE OF 1972, TO REVISE THE EXPIRATION DATE OF CERTAIN LICENSES; TO AMEND REENACTED SECTION 81-18-17, MISSISSIPPI CODE OF 1972, TO REVISE THE NOTIFICATION REQUIREMENTS TO THE DEPARTMENT OF BANKING AND CONSUMER FINANCE FOR A LICENSEE'S CHANGE IN ADDRESS, LOCATION OR OFFICERS; TO AMEND REENACTED SECTION 81-18-23, MISSISSIPPI CODE OF 1972, TO REVISE REPORTING REQUIREMENTS BY MORTGAGE LICENSEES; TO AMEND REENACTED SECTIONS 81-18-13, 81-18-14 AND 81-18-33, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; TO AMEND REENACTED SECTION 81-18-51, MISSISSIPPI CODE OF 1972, TO EXTEND THE DATE OF REPEAL OF THE ACT; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

Its course

January 5 to April 1, 2010, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action13 actions on 11 days

In the House of RepresentativesJan 5 to Feb 329 days

Banking and Financial ServicesJan 5 to Jan 1914 days

In the SenateFeb 3 to Mar 429 days

Back in the House of RepresentativesMar 4 to Mar 2521 days

With the GovernorMar 25 to Apr 17 days

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Mar 4

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the House of Representatives Jan 5 – Feb 3

  1. Referred to the House committee on Banking and Financial Services
  2. Reported from committee in the House: title sufficient, do pass
  3. Passed the House

In the Senate Feb 4 – Mar 4

  1. Sent to the Senate
  2. Referred to the Senate committee on Business and Financial Institutions
  3. Reported from committee in the Senate: title sufficient, do pass as amended
  4. Amended in the Senate
  5. Passed the Senate as amended

Back in the House of Representatives Mar 5 – Mar 25

  1. Returned to the House to concur in the Senate's amendments
  2. Concurred in the House in the Senate's amendments
  3. Enrolled bill signed in the House

To the Governor Mar 25 – Apr 1

  1. Enrolled bill signed in the Senate
  2. Approved by the Governor
All 13 actions, as published