l9n/ Mississippi

2013 Regular Session

Senate Bill 2696

Mississippi S.A.F.E. Mortgage Act; make various amendments.

Became law as Chapter 499, Laws of 2013, signed April 18, 2013, 87 days after it was filed.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 81-18-3, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "QUALIFYING INDIVIDUAL" AS USED IN THE MISSISSIPPI S.A.F.E. MORTGAGE ACT; TO AMEND SECTION 81-18-9, MISSISSIPPI CODE OF 1972, TO REVISE THE CONTENTS OF THE MORTGAGE BROKER AND LENDER APPLICATIONS AND TO INCREASE THE INITIAL LOAN ORIGINATOR LICENSE FEE; TO AMEND SECTION 81-18-13, MISSISSIPPI CODE OF 1972, TO DELETE CERTAIN LICENSING PROCEDURES AND CRITERIA; TO AMEND SECTION 81-18-15, MISSISSIPPI CODE OF 1972, TO INCREASE THE LICENSE AND RENEWAL FEES FOR MORTGAGE BROKERS, MORTGAGE LENDERS AND LOAN ORIGINATORS; TO AMEND SECTION 81-18-17, MISSISSIPPI CODE OF 1972, TO INCREASE THE BRANCH LICENSE AND RENEWAL FEES; TO AMEND SECTION 81-18-21, MISSISSIPPI CODE OF 1972, TO REVISE THE EXAMINATION FEE WHICH MAY BE CHARGED BY THE COMMISSIONER OF BANKING FOR THE EXAMINATION OF THE BOOKS AND RECORDS OF ANY LICENSEE; TO AMEND SECTION 81-18-23, MISSISSIPPI CODE OF 1972, TO REQUIRE LICENSEES WHO ARE INVOLVED IN CIVIL ACTIONS TO NOTIFY THE NATIONWIDE MORTGAGE LICENSING SYSTEM AND REGISTRY; TO AMEND SECTION 81-18-35, MISSISSIPPI CODE OF 1972, TO REQUIRE EACH LICENSEE TO MAINTAIN A JOURNAL OF SERVICED LOANS AT ITS PRINCIPAL PLACE OF BUSINESS FOR ALL MISSISSIPPI RESIDENTIAL LOANS THAT THE LICENSEE OWNS AND/OR SERVICES; 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 Senate

Its course

January 21 to April 18, 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 action19 actions on 15 days

In the SenateJan 21 to Feb 616 days

Business and Financial InstitutionsJan 21 to Feb 414 days

In the House of RepresentativesFeb 6 to Mar 123 days

Banking and Financial ServicesFeb 21 to Feb 265 days

Back in the SenateMar 1 to Mar 3029 days

With the GovernorMar 30 to Apr 1819 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives floor amendmentAdopted

    Adopted Mar 1

  • House of Representatives floor amendmentAdopted

    Adopted Mar 5

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 Senate Jan 21 – Feb 6

  1. Jan 21Referred to the Senate committee on Business and Financial Institutions
  2. Feb 4Reported from committee in the Senate: title sufficient, do pass as a committee substitute
  3. Feb 6Committee substitute adopted in the Senate
  4. Passed the Senate

In the House of Representatives Feb 7 – Mar 1

  1. Feb 7Sent to the House
  2. Feb 21Referred to the House committee on Banking and Financial Services
  3. Feb 26Reported from committee in the House: title sufficient, do pass
  4. Feb 28Tabled in the House, subject to being called up again
  5. Mar 1Amended in the House
  6. Passed the House as amended

Back in the Senate Mar 4 – Mar 30

  1. Mar 4Motion in the House to reconsider entered (Guice, Zuber and Carpenter)
  2. Mar 5Reconsidered in the House
  3. Amended in the House
  4. Passed the House as amended
  5. Mar 7Returned to the Senate to concur in the House's amendments
  6. Mar 27Concurred in the Senate in the House's amendments
  7. Mar 30Enrolled bill signed in the Senate

To the Governor Apr 1 – Apr 18

  1. Apr 1Enrolled bill signed in the House
  2. Apr 18Approved by the Governor
All 19 actions, as published
  1. Jan 21Referred To Business and Financial InstitutionsSenate
  2. Feb 4Title Suff Do Pass Comm SubSenate
  3. Feb 6Committee Substitute AdoptedSenate
  4. Feb 6PassedSenate
  5. Feb 7Transmitted To HouseSenate
  6. Feb 21Referred To Banking and Financial ServicesHouse of Representatives
  7. Feb 26Title Suff Do PassHouse of Representatives
  8. Feb 28Tabled Subject To CallHouse of Representatives
  9. Mar 1AmendedHouse of Representatives
  10. Mar 1Passed As AmendedHouse of Representatives
  11. Mar 4Motion to Reconsider Entered (Guice, Zuber, Carpenter)House of Representatives
  12. Mar 5ReconsideredHouse of Representatives
  13. Mar 5AmendedHouse of Representatives
  14. Mar 5Passed As AmendedHouse of Representatives
  15. Mar 7Returned For ConcurrenceHouse of Representatives
  16. Mar 27Concurred in Amend From HouseSenate
  17. Mar 30Enrolled Bill SignedSenate
  18. Apr 1Enrolled Bill SignedHouse of Representatives
  19. Apr 18Approved by GovernorGovernor