Did not become law. It stopped in the House of Representatives on April 1, 2019. The 2019 session has ended.
2019 Regular Session
House Bill 6995
AN ACT CONCERNING SHARED APPRECIATION AGREEMENTS AND CERTAIN START-UP COMPANIES ENGAGED IN THE ACTIVITY OF MONEY TRANSMISSION.
What it does
The synopsis the General Assembly published with the bill.
To (1) make shared appreciation agreements subject to the same licensing and regulatory compliance requirements as residential mortgage loans, and (2) permit a start-up company engaged in the activity of a money transmission to provide a statement of condition as part of licensure application in lieu of certain financial statements.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
January 31 to April 1, 2019, 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 action9 actions on 6 days
In the House of RepresentativesJan 31 to Apr 1 · stopped60 days
Banking CommitteeJan 31 to Mar 1240 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 House of Representatives Jan 31 – Mar 12
- Jan 31Introduced and sent to Banking Committee
- Feb 1Heard in Banking Committee
- Mar 12Banking Committee recommended a substitute for it
All 9 actions, as published
- Jan 31REF. TO JOINT COMM. ONBoth houses
- Feb 1PUBLIC HEARINGBoth houses
- Mar 12Joint Favorable SubstituteBoth houses
- Mar 14FILED WITH LCOBoth houses
- Mar 25REFERRED TO OLR, OFABoth houses
- Apr 1RPTD. OUT OF LCOBoth houses
- Apr 1FAV. RPT., TABLED FOR HOUSE CALENDARHouse of Representatives
- Apr 1HOUSE CALENDAR NUMBERHouse of Representatives
- Apr 1FILE NO.Both houses