CS/SB 2548 (2010) -  Loan Origination [CPSC]

General Bill by Banking and Insurance and Detert
Loan Origination [CPSC]: Reenacts a reference to certain federal laws for purposes of incorporating rules adopted under such laws. Specifies application of disciplinary procedures to principal loan originators for actions of loan originators. Specifies nonapplication of certain limitations to licensed loan originators operating solely as loan processors. Removes the requirement for licensure application under certain conditions, etc.
Effective Date: 10/01/2010
Last Event: 04/16/10 S Laid on Table, companion bill(s) passed, see CS/HB 1281 (Ch. 2010-67) -SJ 00623 on Friday, April 16, 2010 10:16 AM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 03/24/10 1:15 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 10   Nays 0
  • Commerce
    • On agenda for: 04/07/10 10:15 AM
    • Favorable (final action) Votes: Yeas 9   Nays 1

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 1281 Subject: Loan Origination Relationship: Identical

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Commerce 4/7/2010 5:00:02 PM
Chamber: Senate Committee: Banking and Insurance 3/25/2010 4:53:23 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Laid on Table, companion bill(s) passed, see CS/HB 1281 (Ch. 2010-67) -SJ 00623 Time: 04/16/2010 - 10:16 AM Member: Committee: Version: c1
Event: S Substituted CS/HB 1281 -SJ 00623 Time: 04/16/2010 - 10:16 AM Member: Committee: Version: c1
Event: S Read 3rd time -SJ 00623 Time: 04/16/2010 - 10:16 AM Member: Committee: Version: c1
Event: S Read 2nd time -SJ 00584 Time: 04/15/2010 - 11:22 AM Member: Committee: Version: c1
Event: S Placed on Special Order Calendar Time: 04/13/2010 - 12:46 PM Member: Committee: Version: c1
Event: S Placed on Calendar, on 2nd reading -SJ 00524 Time: 04/08/2010 - 8:13 AM Member: Committee: Version: c1
Event: S Favorable by- Commerce; YEAS 9 NAYS 1 -SJ 00524 Time: 04/07/2010 - 1:34 PM Member: Committee: Version: c1
Event: S On Committee agenda-- Commerce, 04/07/10, 10:15 am, 401-S Time: 04/02/2010 - 9:44 AM Member: Committee: Version: c1
Event: S Now in Commerce -SJ 00344 Time: 03/30/2010 - 4:55 PM Member: Committee: Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 03/25/2010 - 1:36 PM Member: Committee: Version: c1
Event: S CS read 1st time on 03/25/10 -SJ 00348 Time: 03/24/2010 - 4:34 PM Member: Committee: Version: c1
Event: S CS by Banking and Insurance; YEAS 10 NAYS 0 -SJ 00344 Time: 03/24/2010 - 4:34 PM Member: Committee: Version: c1
Event: S On Committee agenda-- Banking and Insurance, 03/24/10, 1:15 pm, 412-K Time: 03/19/2010 - 4:38 PM Member: Committee: Version: c1
Event: S Introduced -SJ 00218 Time: 03/12/2010 - 10:04 AM Member: Committee: Version: c1
Event: S Referred to Banking and Insurance; Commerce -SJ 00218 Time: 03/04/2010 - 6:24 PM Member: Committee: Version: c1
Event: S Filed Time: 02/26/2010 - 3:02 PM Member: Committee: Version: c1

Statutes Referenced by this Bill

Statute Other Bill Citations
0494.00255
0494.00331
0494.0038
0494.0067