Woody Burton
- Republican
Author
Makes various changes to the statutes concerning: (1) first lien mortgage lenders; (2) persons licensed under the Uniform Consumer Credit Code (UCCC); (3) civil proceeding advance payment providers; (4) debt management companies; (5) banks; (6) credit unions; (7) pawnbrokers; (8) money transmitters; and (9) licensed cashers of checks. Repeals a provision in the statute governing credit unions that concerns loans made by a credit union to the credit union's individual directors and committee members. Amends a provision in the statute governing credit unions that concerns loans made by a credit union to the credit union's individual officers to: (1) include extensions of credit made to the credit union's individual directors and supervisory committee members (and to the immediate family members and related interests of the credit union's individual directors and supervisory committee members); and (2) specify that such extensions of credit shall be made in accordance with Regulation O of the Board of Governors of the Federal Reserve System. Provides that an appraisal required in connection with a real estate mortgage loan to a credit union member must be: (1) a written appraisal; or (2) a written estimate of market value; consistent with the appraisal standards and transaction value limitations set forth in the appraisal regulations of the National Credit Union Administration.
Public Law 129
Signed by the Governor
Signed by the President of the Senate
Signed by the President Pro Tempore
House concurred in Senate amendments; Roll Call 346: yeas 92, nays 0
Signed by the Speaker
Motion to concur filed
Senate conferees appointed: Bassler and Ford J.D.
Senate advisors appointed: Zay and Breaux
Motion to dissent filed
Returned to the House with amendments
Third reading: passed; Roll Call 315: yeas 48, nays 0
Second reading: ordered engrossed
Committee report: amend do pass, adopted
Senator Ford J.D. added as cosponsor
Senator Zay added as second sponsor
First reading: referred to Committee on Insurance and Financial Institutions
Referred to the Senate
Third reading: passed; Roll Call 167: yeas 92, nays 0
Senate sponsor: Senator Bassler
Representatives Hamilton and Heaton added as coauthors
Second reading: ordered engrossed
Representative Chyung added as coauthor
Committee report: amend do pass, adopted
First reading: referred to Committee on Financial Institutions
Authored by Representative Burton
| Bill Text Versions | Format |
|---|---|
| Introduced House Bill (H) | |
| House Bill (S) | |
| House Bill (H) | |
| Enrolled House Bill (H) |
| Document | Format |
|---|---|
| Fiscal Note: HB1353.04.ENRS.FN001 | |
| Fiscal Note: HB1353.03.COMS.FN001 | |
| Fiscal Note: HB1353.03.COMS.FN002 | |
| Fiscal Note: HB1353.03.COMS.FN003 | |
| Committee Report: HB1353.02.COMH.CRS001 | |
| Fiscal Note: HB1353.02.COMH.FN001 | |
| Fiscal Note: HB1353.02.COMH.FN002 | |
| Fiscal Note: HB1353.02.COMH.FN003 | |
| Committee Amendment: HB1353.02.COMH.AMS06 | |
| Committee Report: HB1353.01.INTR.CRH001 | |
| Fiscal Note: HB1353.01.INTR.FN001 | |
| Committee Amendment: HB1353.01.INTR.AMH05 |
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