Virginia House Bill 570 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 1 2012 - 100% progression
Action: 2012-03-01 - Governor: Acts of Assembly Chapter text (CHAP0052)
Text: Latest bill text (Chaptered) [HTML]

Mortgage loan originators; bona fide nonprofit organizations. Exempts employees of bona fide nonprofit organizations from licensing and registration requirements applicable to mortgage loan originators. The State Corporation Commission is directed to prescribe, by regulation, procedures and criteria to be used to determine whether an organization is a bona fide nonprofit organization. In doing so, the Commission shall consider criteria adopted by the Consumer Financial Protection Bureau or other federal agency with rulemaking authority under the Secure and Fair Enforcement for Mortgage Licensing Act. The measure includes technical changes. This measure is a recommendation of the Virginia Housing Commission.

Mortgage loan originators; exempts from licensing employees of bona fide nonprofit organizations.

Del. Daniel Marshall [R]

2012-02-15 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-14 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-13 - Senate - Senate: Reported from Commerce and Labor (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2012-01-30 - House - House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (Y: 101 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-24 - House - House: Reported from Commerce and Labor with substitute (21-Y 0-N) (Y: 21 N: 0 NV: 2 Abs: 0) [PASS]

Date	Chamber	Action
2012-03-01		Governor: Acts of Assembly Chapter text (CHAP0052)
2012-03-01		Governor: Approved by Governor-Chapter 52 (effective 7/1/12)
2012-02-20		Senate: Signed by President
2012-02-17		House: Signed by Speaker
2012-02-17		House: Bill text as passed House and Senate (HB570ER)
2012-02-17		House: Enrolled
2012-02-15		Senate: Passed Senate (40-Y 0-N)
2012-02-15		Senate: Read third time
2012-02-14		Senate: Constitutional reading dispensed (40-Y 0-N)
2012-02-13		Senate: Reported from Commerce and Labor (15-Y 0-N)
2012-01-31		Senate: Referred to Committee on Commerce and Labor
2012-01-31		Senate: Constitutional reading dispensed
2012-01-30		House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
2012-01-30		House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
2012-01-27		House: Engrossed by House - committee substitute HB570H1
2012-01-27		House: Committee substitute agreed to 12104315D-H1
2012-01-27		House: Read second time
2012-01-26		House: Read first time
2012-01-24		House: Committee substitute printed 12104315D-H1
2012-01-24		House: Reported from Commerce and Labor with substitute (21-Y 0-N)
2012-01-10		House: Referred to Committee on Commerce and Labor
2012-01-10		House: Prefiled and ordered printed; offered 01/11/12 12102137D

SB75 (Same As) 2012-03-08 - Governor: Acts of Assembly Chapter text (CHAP0187)

Chapter	Article	Section	Citation Type	Statute Text
6	2	1700	(n/a)	See Bill Text
6	2	1701	(n/a)	See Bill Text
6	2	1709	(n/a)	See Bill Text
6	2	1711	(n/a)	See Bill Text
6	2	1715	(n/a)	See Bill Text
6	2	1719	(n/a)	See Bill Text
6	2	1720	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+HB570
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB570+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB570H1+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB570ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+CHAP0052+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+H14V0043+HB0570
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+HV0283+HB0570
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+S02V0068+HB0570
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0415HB0570+HB0570
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0480HB0570+HB0570