GA HB946 | 2011-2012 | Regular Session

Status

Spectrum: Moderate Partisan Bill (Republican 6-1)
Status: Engrossed on March 7 2012 - 50% progression, died in chamber
Action: 2012-03-21 - Senate Read Second Time
Text: Latest bill text (Introduced) [HTML]

Summary

A BILL to be entitled an Act to amend Article 13 of Chapter 1 of Title 7 of the Official Code of Georgia Annotated, relating to the licensing of mortgage lenders and brokers, so as to prohibit certain mortgage activities without a license; to provide for qualifications for the issuance of a mortgage loan originator license; to provide for the power of the department to revoke or decline to issue a license or registration in certain instances; to provide for the prohibition of certain conduct by persons engaged in mortgage activities; to provide for a grace period for serving residential mortgages with an inactive license or registration; to provide for certain criminal penalties; to provide for related matters; to repeal conflicting laws; and for other purposes.

Tracking Information

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Title

Mortgage lenders and brokers; certain mortgage activities without a license; prohibit

Sponsors


Roll Calls

2012-03-07 - House - House Vote #667 - Passage (Y: 167 N: 1 NV: 7 Abs: 5) [PASS]

History

DateChamberAction
2012-03-21 Senate Read Second Time
2012-03-20 Senate Committee Favorably Reported
2012-03-07 Senate Read and Referred
2012-03-07 House Passed/Adopted
2012-03-07 House Third Readers
2012-02-23 House Committee Favorably Reported
2012-02-15 House Second Readers
2012-02-09 House First Readers

Georgia State Sources


Bill Comments

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