Became law as Chapter 462, Laws of 2010, signed April 1, 2010, 86 days after it was filed.
2010 Regular Session
House Bill 223
MS S.A.F.E. Mortgage Licensing Act of 2009; extend repealer on.
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
Sponsor
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
Business and Financial InstitutionsFeb 5 to Feb 2217 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
- Jan 5Referred to the House committee on Banking and Financial Services
- Jan 19Reported from committee in the House: title sufficient, do pass
- Feb 3Passed the House
In the Senate Feb 4 – Mar 4
- Feb 4Sent to the Senate
- Feb 5Referred to the Senate committee on Business and Financial Institutions
- Feb 22Reported from committee in the Senate: title sufficient, do pass as amended
- Mar 4Amended in the Senate
- Passed the Senate as amended
Back in the House of Representatives Mar 5 – Mar 25
- Mar 5Returned to the House to concur in the Senate's amendments
- Mar 18Concurred in the House in the Senate's amendments
- Mar 25Enrolled bill signed in the House
To the Governor Mar 25 – Apr 1
- Mar 25Enrolled bill signed in the Senate
- Apr 1Approved by the Governor
All 13 actions, as published
- Jan 5Referred To Banking and Financial ServicesHouse of Representatives
- Jan 19Title Suff Do PassHouse of Representatives
- Feb 3PassedHouse of Representatives
- Feb 4Transmitted To SenateHouse of Representatives
- Feb 5Referred To Business and Financial InstitutionsSenate
- Feb 22Title Suff Do Pass As AmendedSenate
- Mar 4AmendedSenate
- Mar 4Passed As AmendedSenate
- Mar 5Returned For ConcurrenceSenate
- Mar 18Concurred in Amend From SenateHouse of Representatives
- Mar 25Enrolled Bill SignedHouse of Representatives
- Mar 25Enrolled Bill SignedSenate
- Apr 1Approved by GovernorGovernor