VA SB124 | 2012 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 8 2012 - 100% progression
Action: 2012-03-08 - Governor: Acts of Assembly Chapter text (CHAP0189)
Text: Latest bill text (Chaptered) [HTML]

Summary

Mortgage Lender and Mortgage Broker Act; criminal background checks. Conforms provisions of Virginia's laws regarding licensure of mortgage lenders and mortgage brokers to the practice of conducting criminal background checks through the Nationwide Mortgage Licensing System and Registry. The measure eliminates an existing provision that allows a mortgage lender's or mortgage broker's members, senior officers, directors, and principals to avoid a criminal background check during the licensing phase by acquiring a licensee after the license has been issued, and permits the Central Criminal Records Exchange to disclose criminal background information to the State Corporation Commission.

Tracking Information

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Title

Mortgage lenders and mortgage brokers; criminal background checks.

Sponsors


Roll Calls

2012-02-21 - House - House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (Y: 102 N: 0 NV: 0 Abs: 0) [PASS]
2012-02-16 - House - House: Reported from Commerce and Labor (22-Y 0-N) (Y: 23 N: 0 NV: 0 Abs: 0) [PASS]
2012-01-20 - Senate - Senate: Passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-20 - Senate - Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-20 - Senate - Senate: Read third time and passed Senate (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2012-01-20 - Senate - Senate: Bills placed in block (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-18 - Senate - Senate: Constitutional reading dispensed (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2012-01-16 - Senate - Senate: Reported from Commerce and Labor (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2012-03-08 Governor: Acts of Assembly Chapter text (CHAP0189)
2012-03-08 Governor: Approved by Governor-Chapter 189 (effective 7/1/12)
2012-02-23 House: Signed by Speaker
2012-02-23 Senate: Signed by President
2012-02-23 Senate: Bill text as passed Senate and House (SB124ER)
2012-02-23 Senate: Enrolled
2012-02-21 House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
2012-02-21 House: Passed House BLOCK VOTE (100-0Y 0-N)
2012-02-21 House: Read third time
2012-02-20 House: Read second time
2012-02-16 House: Reported from Commerce and Labor (22-Y 0-N)
2012-02-13 House: Referred to Committee on Commerce and Labor
2012-02-13 House: Read first time
2012-02-13 House: Placed on Calendar
2012-01-20 Senate: Passed Senate (39-Y 0-N)
2012-01-20 Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N)
2012-01-20 Senate: Read third time and passed Senate (38-Y 0-N)
2012-01-20 Senate: Bills placed in block (39-Y 0-N)
2012-01-19 Senate: Read second time and engrossed
2012-01-18 Senate: Constitutional reading dispensed (39-Y 0-N)
2012-01-16 Senate: Reported from Commerce and Labor (16-Y 0-N)
2012-01-10 Senate: Referred to Committee on Commerce and Labor
2012-01-10 Senate: Prefiled and ordered printed; offered 01/11/12 12101060D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
192389(n/a)See Bill Text
621605(n/a)See Bill Text
621608(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+SB124
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+SB124+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+SB124ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+CHAP0189+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+S02V0010+SB0124
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0035SB0124+SB0124
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0047SB0124+SB0124
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0048SB0124+SB0124
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0049SB0124+SB0124
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+SV0050SB0124+SB0124
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+H14V0121+SB0124
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?121+vot+HV0932+SB0124

Bill Comments

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