Margaret Croke
- Democratic
- Representative
- District 12
Primary
Amends the Residential Mortgage License Act of 1987. Provides that each full service office (rather than office, place of business, or location) at which a residential mortgage licensee conducts any part of his or her business must be recorded with the Secretary of Financial and Professional Regulation. Provides that licensees may allow mortgage loan originators to work from a remote location if specified conditions are met. Provides that "full service office" does not include a remote location. Defines "remote location".
Public Act . . . . . . . . . 103-0156
Effective Date January 1, 2024
Governor Approved
Sent to the Governor
Third Reading - Passed; 056-000-000
Passed Both Houses
Placed on Calendar Order of 3rd Reading ** May 8, 2023
Added as Alternate Co-Sponsor Sen. Michael E. Hastings
Placed on Calendar Order of 3rd Reading May 2, 2023
Second Reading
Do Pass Financial Institutions; 008-000-000
Placed on Calendar Order of 2nd Reading April 27, 2023
Assigned to Financial Institutions
Placed on Calendar Order of First Reading
Referred to Assignments
First Reading
Chief Senate Sponsor Sen. Laura Ellman
Arrive in Senate
Third Reading - Short Debate - Passed 112-000-000
Added Chief Co-Sponsor Rep. Mark L. Walker
Added Chief Co-Sponsor Rep. Marcus C. Evans, Jr.
Added Chief Co-Sponsor Rep. Dagmara Avelar
Added Chief Co-Sponsor Rep. Maurice A. West, II
Second Reading - Short Debate
Placed on Calendar Order of 3rd Reading - Short Debate
Removed Co-Sponsor Rep. Marcus C. Evans, Jr.
Added Co-Sponsor Rep. Marcus C. Evans, Jr.
Added Co-Sponsor Rep. Dagmara Avelar
Removed Co-Sponsor Rep. Dagmara Avelar
Placed on Calendar 2nd Reading - Short Debate
Added Co-Sponsor Rep. Maurice A. West, II
Removed Co-Sponsor Rep. Maurice A. West, II
Do Pass / Short Debate Financial Institutions and Licensing Committee; 011-000-000
Assigned to Financial Institutions and Licensing Committee
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Margaret Croke
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Engrossed | HTML PDF |
| Enrolled | HTML PDF |
| Document | Format |
|---|---|
| Public Act |
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