CT SB00404 | 2016 | General Assembly
Status
Spectrum: Committee Bill
Status: Introduced on March 3 2016 - 25% progression, died in committee
Action: 2016-03-04 - Public Hearing 03/08
Pending: Joint Banking Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 3 2016 - 25% progression, died in committee
Action: 2016-03-04 - Public Hearing 03/08
Pending: Joint Banking Committee
Text: Latest bill text (Introduced) [HTML]
Summary
To (1) clarify what constitutes activity occurring within this state in the context of money transmission and debt negotiation services; and (2) require that moneys received by mortgage servicers from mortgagors for the payment of such mortgagors' taxes and insurance premiums are deposited into a separate trust account and not commingled with other funds of the servicer.
Title
An Act Concerning Money Transmission In The State And The Fiduciary Duties Of Mortgage Servicers.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-04 | Senate | Public Hearing 03/08 |
| 2016-03-03 | Senate | Referred to Joint Committee on Banking |
Connecticut State Sources
| Type | Source |
|---|---|
| Summary | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00404&which_year=2016 |
| Text | http://www.cga.ct.gov/2016/TOB/s/2016SB-00404-R00-SB.htm |
