Virginia Senate Bill 786 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 20 2011 - 100% progression
Action: 2011-03-20 - Governor: Acts of Assembly Chapter text (CHAP0301)
Text: Latest bill text (Chaptered) [HTML]

Definition of mortgage loan originator for residential mortgage loan; exception. Allows for a limited exception under the mortgage loan originator definition for an individual who is employed by a housing counseling organization certified or approved by the U.S. Department of Housing and Urban Development and who assists borrowers in default, or imminent default, on their residential mortgages by negotiating or offering terms of such loans but does not otherwise engage in activities for which a license is required. This bill is recommended by the Virginia Housing Commission.

Mortgage loan originator for residential mortgage loan; allows for exception under definition.

Sen. John Watkins [R]

2011-02-18 - House - House: VOTE: BLOCK VOTE PASSAGE (95-Y 0-N) (Y: 97 N: 0 NV: 4 Abs: 0) [PASS]
2011-02-15 - House - House: Reported from Commerce and Labor (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2011-01-21 - Senate - Senate: Passed Senate (35-Y 0-N) (Y: 35 N: 0 NV: 5 Abs: 0) [PASS]
2011-01-21 - Senate - Senate: Reconsideration of passage agreed to by Senate (35-Y 0-N) (Y: 35 N: 0 NV: 5 Abs: 0) [PASS]
2011-01-21 - Senate - Senate: Read third time and passed Senate (35-Y 0-N) (Y: 35 N: 0 NV: 5 Abs: 0) [PASS]
2011-01-19 - Senate - Senate: Constitutional reading dispensed (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2011-01-17 - Senate - Senate: Reported from Commerce and Labor (13-Y 0-N) (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2011-03-20		Governor: Acts of Assembly Chapter text (CHAP0301)
2011-03-20		Governor: Approved by Governor-Chapter 301 (effective 7/1/11)
2011-02-24		Senate: Signed by President
2011-02-24		House: Signed by Speaker
2011-02-24		Senate: Bill text as passed Senate and House (SB786ER)
2011-02-24		Senate: Enrolled
2011-02-18		House: VOTE: BLOCK VOTE PASSAGE (95-Y 0-N)
2011-02-18		House: Passed House BLOCK VOTE (95-Y 0-N)
2011-02-18		House: Read third time
2011-02-17		House: Read second time
2011-02-15		House: Reported from Commerce and Labor (22-Y 0-N)
2011-02-07		House: Referred to Committee on Commerce and Labor
2011-02-07		House: Read first time
2011-02-07		House: Placed on Calendar
2011-01-21		Senate: Passed Senate (35-Y 0-N)
2011-01-21		Senate: Reconsideration of passage agreed to by Senate (35-Y 0-N)
2011-01-21		Senate: Read third time and passed Senate (35-Y 0-N)
2011-01-20		Senate: Read second time and engrossed
2011-01-19		Senate: Constitutional reading dispensed (38-Y 0-N)
2011-01-17		Senate: Reported from Commerce and Labor (13-Y 0-N)
2010-12-28		Senate: Referred to Committee on Commerce and Labor
2010-12-28		Senate: Prefiled and ordered printed; offered 01/12/11 11101257D

Chapter	Article	Section	Citation Type	Statute Text
6	2	1700	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?111+sum+SB786
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?111+ful+SB786+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?111+ful+SB786ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?111+ful+CHAP0301+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?111+vot+S02V0012+SB0786
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?111+vot+SV0043SB0786+SB0786
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?111+vot+SV0058SB0786+SB0786
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?111+vot+SV0060SB0786+SB0786
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?111+vot+SV0061SB0786+SB0786
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?111+vot+H14V0120+SB0786
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?111+vot+HV1067+SB0786