WA People
BILL · 2003–04 SESSION · LATEST VERSION SHB 2734

HB 2734: Mortgage brokers

Addressing mortgage brokers.

Summary

  • Updates the Mortgage Broker Practices Act in the following manner:
  • Provides that mortgage broker licenses are annual licenses.
  • Clarifies the directors authority with respect to licensing actions and sanctions for violation of the act.
  • Clarifies the basis upon which the director may investigate a licensee.
  • Makes various technical corrections and clarifications.

From the House Bill Analysis (HB 2734), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the House floor
  1. IntroducedJan 20, 2004
  2. Out of committeeFeb 6, 2004
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Shay Schual-Berke (D-33)
Introduced
January 20, 2004 in the House
Last action
March 1, 2004
Requested by
Other
Companion bill
SB 6293
Budget
Has a fiscal note
Versions
HB 2734, SHB 2734

AN ACT Relating to the mortgage broker practices act;

Sponsors

Prime sponsor: Shay Schual-Berke (D-33)

2 co-sponsors (0 Democrats, 2 Republicans)

Brad Benson R-6Dan Roach R-31

Votes

No recorded floor votes.

History

  1. Referred to Rules 2 Consideration. (SHB 2734)
  2. Referred to Rules 2 Consideration.
  3. Placed on second reading by Rules Committee. (SHB 2734)
  4. Placed on second reading by Rules Committee.
  5. Made eligible to be placed on second reading. (SHB 2734)
  6. Made eligible to be placed on second reading.
  7. Passed to Rules Committee for second reading. (SHB 2734)
  8. Passed to Rules Committee for second reading.
  9. FII - Majority; 1st substitute bill be substituted, do pass. (SHB 2734)
  10. FII - Executive action taken by committee.
  11. FII - Majority; 1st substitute bill be substituted, do pass.
  12. First reading, referred to Financial Institutions & Insurance.

HB 2734 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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