BILL · 2003–04 SESSION

SB 6293: Mortgage brokers

Addressing mortgage brokers.

Summary

  • Federally insured persons doing business under the laws of another state are exempt from the Mortgage Broker Practices Act. The requirements on persons partially exempt from the act that relate to unfair or deceptive practices apply even if the practice is not in connection with a residential mortgage loan.

From the Senate Bill Report (SB 6293), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 16, 2004
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Brian Murray (R-6)
Introduced
January 16, 2004 in the Senate
Last action
January 16, 2004
Companion bill
HB 2734

AN ACT Relating to the mortgage broker practices act;

Sponsors

Prime sponsor: Brian Murray (R-6)

4 co-sponsors (2 Democrats, 2 Republicans)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. First reading, referred to Financial Services, Insurance & Housing.

SB 6293 in other sessions

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

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