West Virginia Senate Bill 383 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 3-1)
Status: Passed on April 14 2014 - 100% progression
Action: 2014-04-14 - Chapter 25, Acts, Regular Session, 2014
Text: Latest bill text (Enrolled) [HTML]

The purpose this bill is to permit certain owners of residential real estate a limited exemption from the licensing requirements of the West Virginia Safe Mortgage Licensing Act for self-financed home financing. The bill grants that exemption to owners of residential real estate who in any twelve consecutive month period make no more than five residential mortgage loans to purchasers of residential real estate for all or part of the purchase price of the property against which the mortgage is secured.

Permitting certain residential real estate owners limited exemptions from licensing requirements for self-financed mortgages

Sen. Gregory Tucker [D]

Sen. Clark Barnes [R]

Sen. Daniel Hall [D]

Sen. Herb Snyder [D]

2014-03-07 - House - Effective July 1, 2014 (Roll No. 325) (Y: 95 N: 0 NV: 5 Abs: 0) [PASS]
2014-03-07 - House - Passed House (Roll No. 324) (Y: 95 N: 0 NV: 5 Abs: 0) [PASS]
2014-02-21 - Senate - Effective July 1, 2014 (Roll No. 3) (Y: 34 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-21 - Senate - Passed Senate (Roll No. 3) (Y: 34 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2014-04-14	Senate	Chapter 25, Acts, Regular Session, 2014
2014-03-14	House	Approved by Governor 3/18/14 - House Journal
2014-03-18	Senate	Approved by Governor 3/18/14
2014-03-14	Senate	Approved by Governor 3/18/14 - Senate Journal
2014-03-14	Senate	To Governor 3/17/14 - Senate Journal
2014-03-17	Senate	To Governor 3/17/14
2014-03-14	House	To Governor 3/17/14 - House Journal
2014-03-08	Senate	House Message received
2014-03-07	House	Completed legislative action
2014-03-07	House	Communicated to Senate
2014-03-07	House	Effective July 1, 2014 (Roll No. 325)
2014-03-07	House	Passed House (Roll No. 324)
2014-03-07	House	Read 3rd time
2014-03-07	House	On 3rd reading, Daily Calendar
2014-03-06	House	Read 2nd time
2014-03-06	House	On 2nd reading, Daily Calendar
2014-03-05	House	Read 1st time
2014-03-05	House	On 1st reading, Daily Calendar
2014-03-04	House	Do pass
2014-02-28	House	To House Judiciary
2014-02-28	House	With amendment, do pass, but first to Judiciary
2014-02-21	House	To House Banking and Insurance
2014-02-21	House	To Banking and Insurance then Judiciary
2014-02-21	House	Introduced in House
2014-02-21	Senate	Ordered to House
2014-02-21	Senate	Effective July 1, 2014 (Roll No. 3)
2014-02-21	Senate	Passed Senate (Roll No. 3)
2014-02-21	Senate	Read 3rd time
2014-02-21	Senate	On 3rd reading
2014-02-20	Senate	Read 2nd time
2014-02-20	Senate	On 2nd reading
2014-02-19	Senate	Read 1st time
2014-02-19	Senate	On 1st reading
2014-02-18	Senate	Reported do pass
2014-02-07	Senate	To Judiciary
2014-02-07	Senate	Committee substitute reported, but first to Judiciary
2014-01-20	Senate	To Banking and Insurance
2014-01-20	Senate	Introduced in Senate
2014-01-20	Senate	To Banking and Insurance then Judiciary
2014-01-20	Senate	Filed for introduction

HB4116 (Same As) 2014-01-09 - To House Banking and Insurance

Chapter	Article	Section	Citation Type	Statute Text
31	17	1	Amended Code	Citation Text
31	17A	2	Amended Code	Citation Text

Type	Source
Summary	http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=383&year=2014&sessiontype=RS&btype=bill
Text	http://www.legis.state.wv.us/Bill_Status/bills_text.cfm?billdoc=sb383%20intr.htm&yr=2014&sesstype=RS&i=383
Text	http://www.legis.state.wv.us/Bill_Status/bills_text.cfm?billdoc=SB383%20SUB1.htm&yr=2014&sesstype=RS&i=383
Text	http://www.legis.state.wv.us/Bill_Status/bills_text.cfm?billdoc=SB383%20SUB1%20ENR.htm&yr=2014&sesstype=RS&i=383
Roll Call	http://www.legis.state.wv.us/legisdocs/2014/RS/votes/senate/02-21-0003.pdf
Roll Call	http://www.legis.state.wv.us/legisdocs/2014/RS/votes/house/00324.pdf
Roll Call	http://www.legis.state.wv.us/legisdocs/2014/RS/votes/house/00325.pdf