HI HB866 | 2016 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Engrossed on March 10 2015 - 50% progression, died in committee
Action: 2016-01-21 - Re-Referred to CPH.
Pending: Senate Commerce, Consumer Protection, and Health Committee
Text: Latest bill text (Amended) [HTML]

Summary

Establishes a mortgage license exemption for sellers of real property who offer or negotiate terms of a residential mortgage loan secured by the seller's own real property for which the seller is the mortgagee; provided that the seller provides three or fewer residential mortgage loans in one calendar year and the interest rate for the loan is not above the State's usury limit. (HB866 HD1)

Tracking Information

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Title

Secure and Fair Enforcement for Mortgage Licensing Act; Seller Exemption

Sponsors


History

DateChamberAction
2016-01-21SenateRe-Referred to CPH.
2015-12-17 Carried over to 2016 Regular Session.
2015-03-12SenateReferred to CPN.
2015-03-12SenatePassed First Reading.
2015-03-12SenateReceived from House (Hse. Com. No. 244).
2015-03-10HousePassed Third Reading with none voting aye with reservations; none voting no (0) and none excused (0). Transmitted to Senate.
2015-03-05HousePassed Second Reading as amended in HD 1; placed on the calendar for Third Reading with none voting aye with reservations; none voting no (0) and Say, Souki excused (2).
2015-03-05HouseReported from CPC (Stand. Com. Rep. No. 607) as amended in HD 1, recommending passage on Second Reading and placement on the calendar for Third Reading.
2015-03-04HouseThe committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) McKelvey, Woodson, Brower, Kawakami, C. Lee, San Buenaventura, Takayama, Yamane, Fukumoto Chang; Ayes with reservations: none; Noes: none; and 7 Excused: Representative(s) Belatti, Creagan, Har, Hashem, Nakashima, Oshiro, McDermott.
2015-03-02HouseBill scheduled for decision making on Wednesday, 03-04-15 2:10PM in conference room 325.
2015-02-11HouseThe committee(s) on CPC recommend(s) that the measure be deferred until 03-04-15.
2015-02-09HouseBill scheduled for decision making on Wednesday, 02-11-15 2:00PM in conference room 325.
2015-02-09HouseThe committee(s) on CPC recommend(s) that the measure be deferred until 02-11-15.
2015-02-04HouseRe-referred to CPC, referral sheet 8
2015-02-03HouseBill scheduled to be heard by CPC on Monday, 02-09-15 at 2:30PM in House conference room 325.
2015-01-28HouseReferred to CPC, JUD, referral sheet 3
2015-01-28HouseIntroduced and Passed First Reading
2015-01-26HousePending introduction.

Same As/Similar To

SB756 (Same As)

Hawaii State Sources


Bill Comments

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