FL S1532 | 2010 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on April 30 2010 - 100% progression
Action: 2010-04-30 - Died in Messages
Text: Latest bill text (Comm Sub) [HTML]

Summary

Provides definitions. Specifies who may originate or make a loan. Specifies the requirements for reverse mortgage loans. Authorizes certain fees and charges for loans. Requires mortgage lenders to disclose certain loan information to mortgagors. Prohibits lenders from requiring reverse mortgage loan applicants to purchase certain financial products. Authorizes the Financial Services Commission to adopt rules, etc.

Tracking Information

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Title

Reverse Mortgage Loans [WPSC]

Sponsors


Roll Calls

2010-03-03 - Senate - Senate Roll Call No. 0003 - Passage (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2010-04-30 Died in Messages
2010-03-16 In Messages
2010-03-03 Read 3rd time -SJ 00180; CS passed; YEAS 40 NAYS 0 -SJ 00180
2010-03-02 Introduced, referred to Banking and Insurance -SJ 00108; On Committee agenda-- Banking and Insurance, 02/16/10, 1:30 pm, 412-K; CS by- Banking and Insurance; YEAS 8 NAYS 0 -SJ 00164; CS read 1st time on 03/02/10 -SJ 00159; Pending reference review -under Rule 4.7(2) - (Committee Substitute); Placed on Calendar, on 2nd reading -SJ 00165; Placed on Special Order Calendar; Read 2nd time -SJ 00006
2010-02-25 Placed on Calendar, on 2nd reading
2010-02-17 Pending reference review -under Rule 4.7(2) - (Committee Substitute)
2010-02-16 CS by- Banking and Insurance; YEAS 8 NAYS 0
2010-02-05 On Committee agenda-- Banking and Insurance, 02/16/10, 1:30 pm, 412-K
2010-02-03 Referred to Banking and Insurance
2010-01-27 Filed

Same As/Similar To

H0845 (Similar To) 2010-04-30 - Died on Calendar

Code Citations

ChapterArticleSectionCitation TypeStatute Text
049400297Amended CodeSee Bill Text

Florida State Sources


Bill Comments

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