Virginia House Bill 2389 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on March 26 2023 - 100% progression
Action: 2023-03-26 - Governor: Acts of Assembly Chapter text (CHAP0573)
Text: Latest bill text (Chaptered) [HTML]

Remote location requirements for mortgage lending and brokerage entities. Defines "office" and "remote location," as those terms apply to the licensing of mortgage lenders and mortgage brokers, and permits licensees to allow employees and exclusive agents to work from a remote location. The bill allows such an employee or exclusive agent to work at a remote location only if certain requirements are met, including the establishment of written policies and procedures for remote work supervision; compliance with security plans and federal and state security requirements; the employment of appropriate risk-based monitoring and oversight processes; agreement of the employee or exclusive agent to comply with established practices; the proper maintenance of physical records; access of the licensee's secure systems via a virtual private network with password protection; the installation and maintenance of security updates; and the designation of the principal place of business as the mortgage loan originator's registered location for the purposes of the Nationwide Mortgage Licensing System and Registry record.

Mortgage lending and brokerage entities; definitions remote location requirements.

Del. Bill Wiley [R]

Del. Wren Williams [R]

2023-02-23 - House - House: VOTE: Adoption (96-Y 0-N) (Y: 96 N: 0 NV: 0 Abs: 4) [PASS]
2023-02-22 - Senate - Senate: Passed Senate with substitute (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2023-02-21 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 0 Abs: 1) [PASS]
2023-02-20 - Senate - Senate: Reported from Commerce and Labor with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2023-02-07 - House - House: VOTE: Block Vote Passage (99-Y 0-N) (Y: 99 N: 0 NV: 0 Abs: 1) [PASS]
2023-02-02 - House - House: Reported from Commerce and Energy with substitute (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2023-01-31 - House - House: Subcommittee recommends reporting with substitute (9-Y 0-N) (Y: 9 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2023-03-26		Governor: Acts of Assembly Chapter text (CHAP0573)
2023-03-26		Governor: Approved by Governor-Chapter 573 (effective 7/1/23)
2023-03-13		Governor: Governor's Action Deadline 11:59 p.m., March 27, 2023
2023-03-13	House	Enrolled Bill communicated to Governor on March 13, 2023
2023-03-08	Senate	Signed by President
2023-03-08	House	Signed by Speaker
2023-03-07	House	Bill text as passed House and Senate (HB2389ER)
2023-03-07	House	Enrolled
2023-02-23	House	VOTE: Adoption (96-Y 0-N)
2023-02-23	House	Senate substitute agreed to by House 23107216D-S1 (96-Y 0-N)
2023-02-22	Senate	Passed Senate with substitute (40-Y 0-N)
2023-02-22	Senate	Engrossed by Senate - committee substitute HB2389S1
2023-02-22	Senate	Committee substitute agreed to 23107216D-S1
2023-02-22	Senate	Reading of substitute waived
2023-02-22	Senate	Read third time
2023-02-21	Senate	Constitutional reading dispensed (39-Y 0-N)
2023-02-20	Senate	Committee substitute printed 23107216D-S1
2023-02-20	Senate	Reported from Commerce and Labor with substitute (15-Y 0-N)
2023-02-08	Senate	Referred to Committee on Commerce and Labor
2023-02-08	Senate	Constitutional reading dispensed
2023-02-07	House	VOTE: Block Vote Passage (99-Y 0-N)
2023-02-07	House	Read third time and passed House BLOCK VOTE (99-Y 0-N)
2023-02-06	House	Engrossed by House - committee substitute HB2389H1
2023-02-06	House	Committee substitute agreed to 23106058D-H1
2023-02-06	House	Read second time
2023-02-05	House	Read first time
2023-02-02	House	Committee substitute printed 23106058D-H1
2023-02-02	House	Reported from Commerce and Energy with substitute (22-Y 0-N)
2023-01-31	House	Subcommittee recommends reporting with substitute (9-Y 0-N)
2023-01-30	House	Assigned sub: Subcommittee #2
2023-01-17	House	Referred to Committee on Commerce and Energy
2023-01-17	House	Presented and ordered printed 23104203D

Chapter	Article	Section	Citation Type	Statute Text
6	2	1600	(n/a)	See Bill Text
6	2	1607	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?231+sum+HB2389
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB2389+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB2389H1+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB2389S1+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+HB2389ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?231+ful+CHAP0573+hil
Amendment	https://committees.lis.virginia.gov/pdfs/23106058D.pdf
Amendment	https://committees.lis.virginia.gov/pdfs/drafts/23107216D.pdf
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+HB2389F171+PDF
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+HB2389FH1171+PDF
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+HB2389FS1171+PDF
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?231+oth+HB2389FER171+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+H2302V0016+HB2389
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+H23V0066+HB2389
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+HV1533+HB2389
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+S02V0142+HB2389
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+SV0714HB2389+HB2389
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+SV0790HB2389+HB2389
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?231+vot+HV2308+HB2389