Did not become law. It stopped in the Senate's Insurance and Real Estate Committee on May 20, 2003. The 2003 session has ended.
2003 Regular Session
Senate Bill 987
AN ACT CONCERNING MORTGAGE LOAN ORIGINATORS.
What it does
The synopsis the General Assembly published with the bill.
To classify licensed insurance producers, who contract exclusively with a mortgage lender affiliated with an insurer that the producer represents to arrange first or secondary mortgages, as "originators" where such lender agrees in writing to take responsibility for business conducted by such originator, and to permit any such mortgage lender that is not a licensee to file an application for registration for such an originator.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
February 26 to May 20, 2003, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action17 actions on 11 days
In the SenateFeb 26 to May 20 · stopped83 days
Banking CommitteeFeb 26 to Mar 1820 days
Finance, Revenue and Bonding CommitteeApr 15 to Apr 249 days
Insurance and Real Estate CommitteeMay 14 to May 20 · stopped6 days
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the Senate Feb 26 – May 14
- Feb 26Introduced and sent to Banking Committee
- Feb 28Heard in Banking Committee
- Mar 18Banking Committee recommended a substitute for it
- Apr 15Sent to Finance, Revenue and Bonding Committee
- Apr 24Finance, Revenue and Bonding Committee recommended it
- May 14Sent to Insurance and Real Estate Committee
All 17 actions, as published
- Feb 26REF. TO JOINT COMM. ONBoth houses
- Feb 28PUBLIC HEARINGBoth houses
- Mar 18Joint Favorable SubstituteBoth houses
- Mar 20FILED WITH LCOBoth houses
- Mar 31REFERRED TO OLR, OFABoth houses
- Apr 7RPTD. OUT OF LCOBoth houses
- Apr 7FAV. RPT., TAB. FOR CAL., SEN.Senate
- Apr 7SENATE CALENDAR NUMBERSenate
- Apr 7FILE NO.Both houses
- Apr 15REF. BY SEN. TO COMM. ONSenate
- Apr 24Joint FavorableBoth houses
- Apr 24FILED WITH LCOBoth houses
- Apr 25RPTD. OUT OF LCOBoth houses
- Apr 25NO NEW FILE BY COMM. ONBoth houses
- Apr 25FAV. RPT., TAB. FOR CAL., SEN.Senate
- May 14REF. BY SEN. TO COMM. ONSenate
- May 20MOTION FAILEDSenate