Virginia Senate Bill 204 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 1 2016 - 100% progression
Action: 2016-04-01 - Governor: Acts of Assembly Chapter text (CHAP0619)
Text: Latest bill text (Chaptered) [HTML]

Real estate settlement agents. Adds to provisions relating to real estate settlement agents a new term, "closing disclosure," defined in the bill as the combined mortgage loan disclosure statement of final loan terms and closing costs prescribed under the Real Estate Settlement Procedures Act (12 U.S.C. § 2601 et seq.) and the Consumer Financial Protection Bureau Regulation X (12 C.F.R. Part 1024) and Regulation Z (12 C.F.R. Part 1026), to comply with changes made by the federal Consumer Financial Protection Bureau to the real estate closing process. The bill also makes the settlement agent's registration fee nonrefundable. The bill removes the requirement that the Bureau of Insurance notify the Virginia State Bar to terminate a settlement agent's registration upon termination of his last appointment because the Bureau, and not the Virginia State Bar, administers the licensing process.

Real estate settlement agents; adds to provisions relating to agents, "closing disclosure."

Sen. Richard Stuart [R]

2016-03-08 - House - House: VOTE: PASSAGE (97-Y 0-N) (Y: 100 N: 0 NV: 3 Abs: 0) [PASS]
2016-03-01 - House - House: Reported from General Laws (21-Y 0-N) (Y: 22 N: 0 NV: 1 Abs: 0) [PASS]
2016-03-01 - House - House: Reported from General Laws (21-Y 0-N) (Y: 22 N: 0 NV: 1 Abs: 0) [PASS]
2016-02-25 - House - House: Subcommittee recommends reporting (7-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-05 - Senate - Senate: Read third time and passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2016-02-03 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-01 - Senate - Senate: Reported from Commerce and Labor with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2016-01-18 - Senate - Senate: Rereferred from Courts of Justice (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2016-04-01		Governor: Acts of Assembly Chapter text (CHAP0619)
2016-04-01		Governor: Approved by Governor-Chapter 619 (effective 7/1/16)
2016-03-11		Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016
2016-03-11	Senate	Enrolled Bill Communicated to Governor on 3/11/16
2016-03-10	Senate	Signed by President
2016-03-09	House	Signed by Speaker
2016-03-09	Senate	Bill text as passed Senate and House (SB204ER)
2016-03-09	Senate	Enrolled
2016-03-08	House	VOTE: PASSAGE (97-Y 0-N)
2016-03-08	House	Passed House (97-Y 0-N)
2016-03-08	House	Read third time
2016-03-07	House	Passed by for the day
2016-03-04	House	Passed by for the day
2016-03-04	House	Read third time
2016-03-03	House	Read second time
2016-03-01	House	Reported from General Laws (21-Y 0-N)
2016-02-25	House	Subcommittee recommends reporting (7-Y 0-N)
2016-02-17	House	Assigned GL sub: Subcommittee #1
2016-02-11	House	Referred to Committee on General Laws
2016-02-11	House	Read first time
2016-02-11	House	Placed on Calendar
2016-02-05	Senate	Read third time and passed Senate (39-Y 0-N)
2016-02-04	Senate	Engrossed by Senate - committee substitute SB204S1
2016-02-04	Senate	Committee substitute agreed to 16104516D-S1
2016-02-04	Senate	Reading of substitute waived
2016-02-04	Senate	Read second time
2016-02-03	Senate	Constitutional reading dispensed (40-Y 0-N)
2016-02-01	Senate	Committee substitute printed 16104516D-S1
2016-02-01	Senate	Reported from Commerce and Labor with substitute (15-Y 0-N)
2016-01-18	Senate	Rereferred to Commerce and Labor
2016-01-18	Senate	Rereferred from Courts of Justice (14-Y 0-N)
2016-01-05	Senate	Referred to Committee for Courts of Justice
2016-01-05	Senate	Prefiled and ordered printed; offered 01/13/16 16101551D

Chapter	Article	Section	Citation Type	Statute Text
38	2	1825	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+SB204
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+SB204+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+SB204S1+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+SB204ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+CHAP0619+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+S03V0016+SB0204
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+S02V0023+SB0204
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0187SB0204+SB0204
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0205SB0204+SB0204
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+H1101V0024+SB0204
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+H11V0221+SB0204
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+H11V0241+SB0204
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+HV1249+SB0204