l9n/ Mississippi

2013 Regular Session

House Bill 1233

S.A.F.E. Mortgage Act; violation of limitation on owner financing of residential mortgage loans will not affect title.

Became law as Chapter 421, Laws of 2013, signed March 20, 2013, 58 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 81-18-5, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A VIOLATION OF THE EXEMPTION FROM THE MISSISSIPPI S.A.F.E. MORTGAGE ACT FOR PERSONS WHO OWNER FINANCE NOT MORE THAN TEN RESIDENTIAL MORTGAGE LOANS IN ONE YEAR WILL NOT AFFECT THE TITLE OF THE PURCHASER/BORROWER OR THE OBLIGATION OF THE PURCHASER/BORROWER UNDER THE TERMS OF THE MORTGAGE LOAN; 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 21 to March 20, 2013, 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 action11 actions on 10 days

In the House of RepresentativesJan 21 to Feb 717 days

Banking and Financial ServicesJan 21 to Feb 515 days

In the SenateFeb 7 to Mar 829 days

Business and Financial InstitutionsFeb 13 to Feb 2815 days

With the GovernorMar 8 to Mar 2012 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 Jan 21 – Feb 7

  1. Jan 21Referred to the House committee on Banking and Financial Services
  2. Feb 5Reported from committee in the House: title sufficient, do pass
  3. Feb 7Passed the House

In the Senate Feb 8 – Mar 8

  1. Feb 8Sent to the Senate
  2. Feb 13Referred to the Senate committee on Business and Financial Institutions
  3. Feb 28Reported from committee in the Senate: title sufficient, do pass
  4. Mar 8Passed the Senate

To the Governor Mar 11 – Mar 20

  1. Mar 11Returned to the House for enrolling
  2. Mar 12Enrolled bill signed in the House
  3. Enrolled bill signed in the Senate
  4. Mar 20Approved by the Governor
All 11 actions, as published
  1. Jan 21Referred To Banking and Financial ServicesHouse of Representatives
  2. Feb 5Title Suff Do PassHouse of Representatives
  3. Feb 7PassedHouse of Representatives
  4. Feb 8Transmitted To SenateHouse of Representatives
  5. Feb 13Referred To Business and Financial InstitutionsSenate
  6. Feb 28Title Suff Do PassSenate
  7. Mar 8PassedSenate
  8. Mar 11Transmitted To HouseSenate
  9. Mar 12Enrolled Bill SignedHouse of Representatives
  10. Mar 12Enrolled Bill SignedSenate
  11. Mar 20Approved by GovernorGovernor