June 18, 2021
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Senate 1532: Relating to Reverse Mortgage Loans [WPSC] ------------------------------------------------------------------

S1532    GENERAL BILL/CS by Banking and Insurance; Fasano; (CO-INTRODUCERS)
Justice (Similar CS/H 0845)
Reverse Mortgage Loans [WPSC]; 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. EFFECTIVE DATE: 01/01/2011.
01/27/10 SENATE Filed
02/03/10 SENATE Referred to Banking and Insurance
02/05/10 SENATE On Committee agenda-- Banking and Insurance, 02/16/10, 1:30
                  pm, 412-K
02/16/10 SENATE CS by- Banking and Insurance; YEAS 8 NAYS 0
02/17/10 SENATE Pending reference review -under Rule 4.7(2) - (Committee
02/25/10 SENATE Placed on Calendar, on 2nd reading
03/02/10 SENATE 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
03/03/10 SENATE Read 3rd time -SJ 00180; CS passed; YEAS 40 NAYS 0
                  -SJ 00180
03/16/10 HOUSE In Messages
04/30/10 HOUSE Died in Messages

Version: Posted: Format:
S 1532 01/27/2010 Web Page | PDF
S 1532 02/17/2010 Web Page | PDF

Committee Amendments
Version: Amendment: Published/Filed: Committee Actions: Format:
S 1532 694236 02/16/2010 BI - Replaced by CS
S 1532 824776 02/15/2010 BI - Replaced by CS
S 1532c1 860591 04/26/2010 No Senate Committee Action PDF
Floor Amendments
Version: Amendment: Published/Filed: Floor Actions: Format:
S 1532c1 860591 Filed 04/26/2010 No Senate Action PDF
Bill Analyses
Analysis: Committee: Posted: Format:
s 1532 Banking and Insurance 02/17/2010 PDF
Vote History - Committee
Chamber: Committee: Format:
Senate Banking and Insurance PDF

Vote History - Floor
Chamber: Roll Call: Date: Format:
SENATE 0003 03/03/10
Web Page

Citations - Statute


Citations - Constitution


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