HI SB2603 | 2010 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 7-0)
Status: Passed on May 7 2010 - 100% progression
Action: 2010-05-07 - (S) Act 084, 5/7/2010 (Gov. Msg. No. 542).
Text: Latest bill text (Amended) [HTML]

Summary

Makes amendments to the application, licensing, and regulatory requirements of the Secure and Fair Mortgage Licensing Act. Establishes the mortgage recovery fund to protect consumers injured by violations of chapter 454F, HRS. Includes mortgage loan originator companies in the regulatory system established by chapter 454F. Authorizes the commissioner of financial institutions to hire temporary and permanent staff to effectuate the purposes of chapter 454F, HRS. Effective July 1, 2010. (CD1)

Tracking Information

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Title

Secure and Fair Enforcement of Mortgage Licensing Act; Residential Mortgage; Appropriation

Sponsors


History

DateChamberAction
2010-05-07 (S) Act 084, 5/7/2010 (Gov. Msg. No. 542).
2010-05-07 (H) Act 084, on 5/7/2010 (Gov. Msg. No. 296).
2010-05-03 (S) Enrolled to Governor.
2010-04-28 (S) Received notice of passage on Final Reading in House (Hse. Com. No. 630).
2010-04-27 (H) Received notice of Final Reading (Sen. Com. No. 645).
2010-04-27 (S) Passed Final Reading, as amended (CD 1). 23 Aye(s); Aye(s) with reservations: none . 1 No(es): Senator(s) Slom. 1 Excused: Senator(s) Kidani.
2010-04-27 (H) Passed Final Reading as amended in CD 1 with none voting no (0) and none excused (0).
2010-04-26 (S) Deferred until 04-27-10.
2010-04-26 (H) Deferred to Tuesday, 04-27-10.
2010-04-23 (H) Forty-eight (48) hours notice Monday, 04-26-10.
2010-04-23 (H) Reported from Conference Committee (Conf Com. Rep. No. 120-10) as amended in (CD 1).
2010-04-23 (S) 48 Hrs. Notice (as amended CD 1) 04-26-10.
2010-04-23 (S) Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 120-10).
2010-04-23 (H) The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 5 Ayes: Representative(s) Herkes, Karamatsu, Keith-Agaran, C. Lee, Marumoto; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Tokioka.
2010-04-23 (S) The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Baker, Tsutsui, Hemmings; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2010-04-23 (S) Conference committee meeting to reconvene on 04-23-10 2:00PM in conference room 016.
2010-04-19 (S) Conference committee meeting to reconvene on 04-23-10 9:00AM in conference room 016.
2010-04-15 (S) Conference committee meeting to reconvene on 04-19-10 2:00PM in conference room 016.
2010-04-14 (S) Conference committee meeting scheduled for 04-15-10 2:00PM in conference room 016.
2010-04-12 (S) Received notice of appointment of House conferees (Hse. Com. No. 557).
2010-04-12 (H) House conferees appointed: Herkes, Karamatsu, Keith-Agaran Co-Chairs; C. Lee, Tokioka, Marumoto.
2010-04-08 (H) Received notice of Senate conferees (Sen. Com. No. 534).
2010-04-08 (H) Received notice of disagreement (Sen. Com. No. 533).
2010-04-08 (S) Senate Conferees appointed: Baker, Chair; Tsutsui, Co-Chair(s); Hemmings.
2010-04-08 (S) Senate disagrees with House amendments.
2010-04-07 (S) Deferred until 04-08-10.
2010-04-07 (S) Received from House (Hse. Com. No. 388).
2010-04-06 (H) Passed Third Reading as amended in HD 2 with none voting no (0) and Representative(s) Hanohano excused (1). Transmitted to Senate.
2010-04-01 (H) Forty-eight (48) hours notice Tuesday, 04-06-10.
2010-04-01 (H) Reported from FIN (Stand. Com. Rep. No. 1153-10) as amended in HD 2, recommending passage on Third Reading.
2010-03-26 (H) The committees on FIN recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 15 Ayes: M. Oshiro, M. Lee, Aquino, Awana, Brower, Choy, Coffman, Har, Keith-Agaran, C. Lee, Nishimoto, Wooley, Yamashita, Finnegan, Ward; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Sagum, Tokioka.
2010-03-23 (H) Bill scheduled to be heard by FIN on Friday, 03-26-10 12:00PM in House conference room 308.
2010-03-19 (H) Passed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with none voting no (0) and Representative(s) Carroll, Chang, Har, Manahan, Morita, M. Oshiro, Tokioka, Ward excused (8).
2010-03-19 (H) Reported from CPC/JUD (Stand. Com. Rep. No. 853-10) as amended in HD 1, recommending passage on Second Reading and referral to FIN.
2010-03-11 (H) The committees on JUD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 13 Ayes: Representative(s) Ito, Cabanilla, Carroll, Herkes, McKelvey, Mizuno, Morita, B. Oshiro, Souki, Tsuji, Wakai, Marumoto, Thielen; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Karamatsu, Belatti, Luke.
2010-03-11 (H) The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 12 Ayes: Representative(s) Herkes, Belatti, Cabanilla, Carroll, Ito, McKelvey, Mizuno, Morita, Souki, Tsuji, Marumoto, Thielen; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Wakai, Karamatsu, Luke.
2010-03-08 (H) Bill scheduled to be heard by CPC/JUD on Thursday, 03-11-10 2:00PM in House conference room 325.
2010-03-04 (H) Referred to CPC/JUD, FIN, referral sheet 37
2010-03-03 (H) Pass First Reading
2010-03-02 (H) Received from Senate (Sen. Com. No. 222) in amended form (SD 2).
2010-03-02 (S) Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 24; Aye(s) with reservations: none . Noes, 0 (none). Excused, 1 (Bunda). Transmitted to House.
2010-02-26 (S) 48 Hrs. Notice 03-02-10.
2010-02-26 (S) Reported from WAM (Stand. Com. Rep. No. 2527) with recommendation of passage on Third Reading, as amended (SD 2).
2010-02-22 (S) The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 10 Aye(s): Senator(s) Kim, Tsutsui, Chun Oakland, English, Fukunaga, Galuteria, Hooser, Kidani, Kokubun, Tokuda; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Hee, Hemmings.
2010-02-17 (S) The committee(s) on WAM will hold a public decision making on 02-22-10 10:00AM in conference room 211.
2010-02-12 (S) Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2010-02-12 (S) Reported from CPN (Stand. Com. Rep. No. 2214) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2010-02-10 (S) The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 6 Aye(s): Senator(s) Baker, Ige, Espero, Green, Ihara, Hemmings; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Sakamoto.
2010-02-05 (S) The committee(s) on CPN deferred the measure until 02-10-10 9:00am in conference room 229.
2010-01-29 (S) The committee(s) on CPN has scheduled a public hearing on 02-05-10 9:00am in conference room 229.
2010-01-27 (S) Referred to CPN, WAM.
2010-01-25 (S) Passed First Reading.
2010-01-22 (S) Introduced.

Hawaii State Sources

TypeSource
Summaryhttp://capitol.hawaii.gov/Archives/measure_indiv_Archives.aspx?billtype=SB&billnumber=2603&year=2010
Texthttp://www.capitol.hawaii.gov/session2010/Bills/SB2603_.HTM
Texthttp://www.capitol.hawaii.gov/session2010/Bills/SB2603_CD1_.HTM
Texthttp://www.capitol.hawaii.gov/session2010/Bills/SB2603_HD1_.HTM
Texthttp://www.capitol.hawaii.gov/session2010/Bills/SB2603_HD2_.HTM
Texthttp://www.capitol.hawaii.gov/session2010/Bills/SB2603_SD1_.HTM
Texthttp://www.capitol.hawaii.gov/session2010/Bills/SB2603_SD2_.HTM
Texthttp://www.capitol.hawaii.gov/session2010/CommReports/SB2603_CD1_CCR120-10_.HTM
Texthttp://www.capitol.hawaii.gov/session2010/CommReports/SB2603_HD1_HSCR853-10_.HTM
Texthttp://www.capitol.hawaii.gov/session2010/CommReports/SB2603_HD2_HSCR1153-10_.HTM
Texthttp://www.capitol.hawaii.gov/session2010/CommReports/SB2603_SD1_SSCR2214_.HTM
Texthttp://www.capitol.hawaii.gov/session2010/CommReports/SB2603_SD2_SSCR2527_.HTM

Bill Comments

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