Mississippi Senate Bill 2897 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on May 23 2012 - 100% progression
Action: 2012-05-23 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

An Act To Reenact Sections 81-18-1 Through 81-18-63, Mississippi Code Of 1972, Which Create The Mississippi S.a.f.e. Mortgage Act; To Amend Reenacted Section 81-18-3, Mississippi Code Of 1972, To Define The Term "housing Finance Agency" As Used In The Mississippi S.a.f.e. Mortgage Act; To Amend Reenacted Section 81-18-5, Mississippi Code Of 1972, To Revise The Exemptions From The Act; To Amend Reenacted Section 81-18-9, Mississippi Code Of 1972, To Revise The Application Requirements For Licensure; To Amend Reenacted Section 81-18-11, Mississippi Code Of 1972, To Clarify The Surety Bond Requirement For Mortgage Loan Originators; To Amend Reenacted Section 81-18-13, Mississippi Code Of 1972, To Clarify The Department's Authority To Issue A License When An Applicant Or Person Convicted Of A Crime Has Received An Expungement Of The Crime; To Amend Reenacted Sections 81-18-17 And 81-18-25, Mississippi Code Of 1972, To Revise The Signage Requirements For Each Principal Place Of Business And Branch Office; To Amend Reenacted Section 81-18-19, Mississippi Code Of 1972, To Correct A Typographical Error; To Amend Reenacted Section 81-18-35, Mississippi Code Of 1972, To Clarify That Each Licensee Shall Include The Date Of Loan Closing In His Journal Of Mortgage Transactions; To Amend Reenacted Section 81-18-39, Mississippi Code Of 1972, In Conformity Thereto; To Amend Reenacted Section 81-18-51, Mississippi Code Of 1972, To Extend The Date Of Repeal On The Act; To Amend Reenacted Section 81-18-53, Mississippi Code Of 1972, To Remove The Clarifying Language Regarding The Applicability Of The Chapter To Activities Of Owner Financing; To Create A New Section To Provide Servicing Requirements For Mortgage Lenders; And For Related Purposes.

Mississippi S.A.F.E. Mortgage Act; revise various licensing provisions and extend repeal date.

Sen. Gary Jackson [R]

2012-04-29 - House - House Conference Report Adopted (Y: 122 N: 0 NV: 0 Abs: 0) [PASS]
2012-04-29 - Senate - Senate Conference Report Adopted (Y: 49 N: 0 NV: 3 Abs: 0) [PASS]
2012-04-04 - House - House Passed As Amended (Y: 106 N: 14 NV: 2 Abs: 0) [PASS]
2012-03-08 - Senate - Senate Passed (Y: 51 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2012-05-23		Approved by Governor
2012-05-08		Enrolled Bill Signed
2012-05-07		Enrolled Bill Signed
2012-04-29		Conference Report Adopted
2012-04-29		Conference Report Adopted
2012-04-27		Conference Report Filed
2012-04-27		Conference Report Filed
2012-04-25		Conferees Named Zuber,Guice,Hood
2012-04-24		Conferees Named Jackson (15th),Wilemon,Harkins
2012-04-10		Decline to Concur/Invite Conf
2012-04-05		Returned For Concurrence
2012-04-04		Passed As Amended
2012-04-04		Amended
2012-03-27		Title Suff Do Pass As Amended
2012-03-19		Referred To Banking and Financial Services
2012-03-09		Transmitted To House
2012-03-08		Immediate Release
2012-03-08		Passed
2012-03-08		Committee Substitute Adopted
2012-03-05		Title Suff Do Pass Comm Sub
2012-02-20		Referred To Business and Financial Institutions

Type	Source
Summary	https://billstatus.ls.state.ms.us/2012/pdf/history/SB/SB2897.xml
Text	https://billstatus.ls.state.ms.us/documents/2012/html/SB/2800-2899/SB2897IN.htm
Text	https://billstatus.ls.state.ms.us/documents/2012/html/SB/2800-2899/SB2897CS.htm
Text	https://billstatus.ls.state.ms.us/documents/2012/html/SB/2800-2899/SB2897PS.htm
Text	https://billstatus.ls.state.ms.us/documents/2012/html/SB/2800-2899/SB2897SG.htm
Roll Call	https://billstatus.ls.state.ms.us/2012/pdf/votes/senate/0660022.pdf
Roll Call	https://billstatus.ls.state.ms.us/2012/pdf/votes/house/0930051.pdf
Roll Call	https://billstatus.ls.state.ms.us/2012/pdf/votes/senate/1180014.pdf
Roll Call	https://billstatus.ls.state.ms.us/2012/pdf/votes/house/1180003.pdf