Bill Text: HI HB2268 | 2014 | Regular Session | Introduced


Bill Title: Mortgage Servicers

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Engrossed - Dead) 2014-03-06 - Referred to CPN. [HB2268 Detail]

Download: Hawaii-2014-HB2268-Introduced.html

HOUSE OF REPRESENTATIVES

H.B. NO.

2268

TWENTY-SEVENTH LEGISLATURE, 2014

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

RELATING TO MORTGAGE SERVICERS.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 


     SECTION 1.  Section 454M-4, Hawaii Revised Statutes, is amended by amending subsection (a) to read as follows:

     "(a)  An applicant for licensure shall file an application on a form prescribed by NMLS or by the commissioner and shall pay an application fee of $675.  Each license shall expire on [June 30] December 31 of each calendar year.  A license may be renewed by filing a renewal statement on a form prescribed by NMLS or by the commissioner and paying a renewal fee of $425, at least four weeks prior to [the renewal period for licensure for the following year.] December 31."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect upon its approval.

 

INTRODUCED BY:

_____________________________

 

BY REQUEST


 


 

Report Title:

Mortgage Servicers

 

Description:

Changes the annual license renewal date for mortgage servicers from June 30 to December 31 of each calendar year.

 

 

 

The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.

 

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