Did not become law. It stopped in the Senate's Business and Financial Institutions Committee on April 3, 2012. The 2012 session has ended.
2012 Regular Session
House Bill 326
S.A.F.E. Mortgage Act; exempt persons who owner finance no more than 5 residential mortgage loans per year.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 81-18-5, MISSISSIPPI CODE OF 1972, TO EXEMPT FROM THE MISSISSIPPI S.A.F.E. MORTGAGE ACT PERSONS WHO OWNER FINANCE NO MORE THAN FIVE RESIDENTIAL MORTGAGE LOANS PER YEAR; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
Its course
February 13 to April 3, 2012, 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 action7 actions on 6 days
In the House of RepresentativesFeb 13 to Mar 824 days
Banking and Financial ServicesFeb 13 to Feb 2815 days
In the SenateMar 8 to Apr 3 · stopped26 days
Business and Financial InstitutionsMar 16 to Apr 3 · stopped18 days
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 Feb 13 – Mar 8
- Feb 13Referred to the House committee on Banking and Financial Services
- Feb 28Reported from committee in the House: title sufficient, do pass as a committee substitute
- Mar 8Committee substitute adopted in the House
- Passed the House
In the Senate Mar 9 – Apr 3
- Mar 9Sent to the Senate
- Mar 16Referred to the Senate committee on Business and Financial Institutions
- Apr 3Died in committee in the Senate
All 7 actions, as published
- Feb 13Referred To Banking and Financial ServicesHouse of Representatives
- Feb 28Title Suff Do Pass Comm SubHouse of Representatives
- Mar 8Committee Substitute AdoptedHouse of Representatives
- Mar 8PassedHouse of Representatives
- Mar 9Transmitted To SenateHouse of Representatives
- Mar 16Referred To Business and Financial InstitutionsSenate
- Apr 3Died In CommitteeSenate