WA People
BILL · 2021–22 SESSION

SB 5077: Mortgage loan originators

Providing authority to licensed companies to allow licensed mortgage loan originators to work from their residences without the company licensing the residence as a branch office of the company.

Summary

  • Allows mortgage loan originators to work from home under certain circumstances.

From the House Bill Report (SB 5077), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 15, Laws of 2021
  1. IntroducedJan 11, 2021
  2. Out of committeeJan 15, 2021
  3. Passed SenateFeb 3, 2021
  4. Passed HouseMar 24, 2021
  5. GovernorApr 7, 2021
  6. LawApr 7, 2021
Prime sponsor
Perry Dozier (R-16)
Introduced
January 11, 2021 in the Senate
Last action
April 7, 2021
Session law
Chapter 15, Laws of 2021
Requested by
Other
Budget
Has a fiscal note

AN ACT Relating to providing authority to licensed companies to allow licensed mortgage loan originators to work from their residences without the company licensing the residence as a branch office of the company;

Sponsors

Prime sponsor: Perry Dozier (R-16)

5 co-sponsors (3 Democrats, 2 Republicans)

Mark Mullet D-5Senator R-8Senator D-47Judy Warnick R-13Claire Wilson D-30

Votes

Senate · 3rd Reading & Final Passage

Passed February 3, 2021
Version voted on: SB 5077
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat29000
Republican20000
How each member voted

Yea (49)

Permalink to this vote

House · 3rd Reading & Final Passage

Passed March 24, 2021
Version voted on: SB 5077
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat57000
Republican41000
How each member voted

Yea (98)

Permalink to this vote

History

  1. Effective date 7/25/2021.
  2. Chapter 15, 2021 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. Speaker signed.
  6. President signed.
  7. Rules suspended. Placed on Third Reading.
  8. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0.
  9. Rules Committee relieved of further consideration. Placed on second reading.
  10. Referred to Rules 2 Review.
  11. CPB - Executive action taken by committee.
  12. CPB - Majority; do pass.
  13. First reading, referred to Consumer Protection & Business.
  14. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0.
  15. Rules suspended. Placed on Third Reading.
  16. Placed on second reading consent calendar.
  17. Passed to Rules Committee for second reading.
  18. BFST - Majority; do pass.
  19. First reading, referred to Business, Financial Services & Trade.
  20. Prefiled for introduction.

SB 5077 in other sessions

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

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