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S.F. No. 0044 |
Residential Mortgages Practices Act. |
Sponsored By: Joint Minerals, Business and Economic Development Interim Committee
AN ACT relating to the Wyoming Residential Mortgage Practices Act; providing for restitution orders; requiring background checks as specified; providing for fees for database processing; modifying license expiration and renewal dates; modifying bond requirements; modifying disclosure requirements; limiting collection of fees as specified; modifying conditions under which a license may be suspended or revoked; repealing certain application and disclosure requirements; and providing for an effective date.
1/25/2008 Bill Number Assigned
2/11/2008 S Received for Introduction
2/11/2008 S Introduced and Referred to S09
ROLL CALL
Ayes: Senator(s) Anderson, J., Aullman, Bebout, Burns, Coe, Cooper, Decaria, Fecht, Geis, Hastert, Hines, Jennings, Job, Johnson, Landen, Larson, Massie, Meier, Mockler, Nicholas, Perkins, Peterson, Ross, Schiffer, Scott, Sessions, Townsend, Vasey and Von Flatern
Nays: Senator(s) Case
Ayes 29 Nays 1 Excused 0 Absent 0 Conflicts 0
2/13/2008 S09 Recommended Do Pass
ROLL CALL
Ayes: Senator(s) Bebout, Cooper, Fecht, Larson and Vasey
Ayes 5 Nays 0 Excused 0 Absent 0 Conflicts 0
2/13/2008 S Placed on General File
2/15/2008 S Passed CoW
2/18/2008 S Passed 2nd Reading
2/19/2008 S Passed 3rd Reading
ROLL CALL
Ayes: Senator(s) Anderson, J., Aullman, Bebout, Burns, Coe, Cooper, Decaria, Fecht, Geis, Hastert, Hines, Jennings, Job, Johnson, Landen, Larson, Massie, Meier, Mockler, Nicholas, Perkins, Peterson, Schiffer, Scott, Sessions, Townsend, Vasey and Von Flatern
Nays: Senator(s) Case
Excused: Senator(s) Ross
Ayes 28 Nays 1 Excused 1 Absent 0 Conflicts 0
2/19/2008 H Received for Introduction
2/20/2008 H Introduced and Referred to H09
2/22/2008 H09 Recommended Do Pass
ROLL CALL
Ayes: Representative(s) Brechtel, Edmonds, Esquibel, F., Hammons, Harvey, Lockhart, Meyer, Quarberg and Steward
Ayes 9 Nays 0 Excused 0 Absent 0 Conflicts 0
2/22/2008 H Placed on General File
2/25/2008 H Passed CoW
2/26/2008 H Laid Back Pursuant to HR 9-3
SF0044H2001.01/ADOPTED (CORRECTED COPY)
Page 1-line 7 Delete "expanding" insert "modifying".
Page 1-line 15 Delete "through (ix)" insert "and (viii)".
Page 1-line 16 After "(ii)" delete balance of the line.
Page 2-line 1 Delete.
Page 2-line 2 Delete the line through "(vii)" insert "through (iv)".
Page 2-line 7 Delete "," insert "and"; after "(viii)" delete balance of the line.
Page 2-line 8 Delete "(xi)".
Page 3-lines 1 through 3 Delete.
Page 4-line 21 Strike "any" insert "a".
Page 4-line 22 Delete ";"; reinsert stricken "or"; reinsert stricken "misdemeanor involving".
Page 5-line 1 Delete.
Page 5-line 2 Delete the line through "or".
Page 5-line 3 Delete "or any offense involving" insert ",".
Page 5-line 6 Reinsert stricken language and delete new language.
Page 5-line 13 Reinsert stricken language and delete new language.
Page 10-line 5 Delete "shall not" insert "cannot".
Page 13-line 10 Delete "any statement".
Page 14-line 3 After "of" reinsert stricken "a"; delete "any"; delete ";"; reinsert stricken "or"; reinsert stricken "misdemeanor involving".
Page 14-lines 6 and 7 Delete.
Page 14-line 8 Delete the line through "lending,".
Page 14-line 9 Delete "or any offense".
Page 14-line 10 Delete "involving" insert ",".
Renumber as necessary. SIMPSON
SF0044H2001.02/FAILED (CORRECTED COPY)
Page 9-line 9 After "required" insert "." and delete balance of the line.
Page 9-line 10 Delete. SIMPSON
2/27/2008 H Passed 2nd Reading
SF0044H3001/FAILED (CORRECTED COPY)
Page 13-line 10 Before "or provide" insert "a statement". LOCKHART
SF0044H3002/ADOPTED
Page 5-lines 17 through 19 Delete entirely. SIMPSON
SF0044H3003/ADOPTED (CORRECTED COPY)
Page 1-line 15 Delete the Simpson second reading amendment (SF0044H2001.01/AC) to this line.
Page 2-After line 23 Insert:
"(vii) Require the mortgage broker to reimburse the borrower for undisclosed or incorrectly disclosed fees pursuant to W.S. 40-23-114(d) and require the mortgage lender to reimburse the borrower for undisclosed or incorrectly disclosed fees pursuant to W.S. 40-23-113(e);".
Renumber as necessary. SIMPSON
2/28/2008 H Passed 3rd Reading
ROLL CALL
Ayes: Representative(s) Alden, Anderson, R., Bagby, Berger, Blake, Brechtel, Brown, Buchanan, Childers, Cohee, Craft, Davison, Dockstader, Edmonds, Edwards, Esquibel, F., Esquibel, K., Gilmore, Gingery, Goggles, Hales, Hallinan, Hammons, Harshman, Harvey, Iekel, Jaggi, Jones, Jorgensen, Landon, Lockhart, Madden, Martin, McOmie, Mercer, Meyer, Miller, Millin, Olsen, Petersen, Philp, Quarberg, Samuelson, Semlek, Shepperson, Simpson, Slater, Steward, Teeters, Thompson, Wallis, Warren, White, Zwonitzer, Dn. and Zwonitzer, Dv.
Nays: Representative(s) Diercks, Illoway, Lubnau, Stubson and Throne
Ayes 55 Nays 5 Excused 0 Absent 0 Conflicts 0
2/29/2008 S Did Not Concur
ROLL CALL
Nays: Senator(s) Anderson, J., Bebout, Burns, Case, Coe, Cooper, Decaria, Fecht, Geis, Hastert, Hines, Jennings, Job, Johnson, Landen, Larson, Massie, Meier, Mockler, Nicholas, Perkins, Peterson, Ross, Schiffer, Scott, Sessions, Townsend, Vasey and Von Flatern
Excused: Senator(s) Aullman
Ayes 0 Nays 29 Excused 1 Absent 0 Conflicts 0
2/29/2008 S Appointed JCC01 Members
Senator(s) Larson, Bebout, Decaria
2/29/2008 H Appointed JCC01 Members
Representative(s) Lockhart, Simpson, Stubson
3/5/2008 S Adopted SF0044JC01
ROLL CALL
Ayes: Senator(s) Anderson, J., Aullman, Bebout, Burns, Coe, Cooper, Decaria, Fecht, Geis, Hastert, Hines, Jennings, Job, Johnson, Landen, Larson, Massie, Meier, Mockler, Nicholas, Perkins, Peterson, Ross, Schiffer, Scott, Sessions, Townsend, Vasey and Von Flatern
Nays: Senator(s) Case
Ayes 29 Nays 1 Excused 0 Absent 0 Conflicts 0
3/5/2008 H Adopted SF0044JC01
ROLL CALL
Ayes: Representative(s) Alden, Anderson, R., Bagby, Berger, Blake, Brechtel, Brown, Buchanan, Childers, Cohee, Craft, Diercks, Dockstader, Edmonds, Edwards, Esquibel, F., Esquibel, K., Gilmore, Gingery, Goggles, Hales, Hallinan, Hammons, Harvey, Iekel, Illoway, Jaggi, Jones, Jorgensen, Landon, Lockhart, Lubnau, Madden, Martin, McOmie, Mercer, Meyer, Miller, Millin, Olsen, Petersen, Philp, Quarberg, Samuelson, Semlek, Shepperson, Simpson, Slater, Steward, Stubson, Teeters, Thompson, Throne, Wallis, Warren, White, Zwonitzer, Dn. and Zwonitzer, Dv.
Excused: Representative(s) Davison and Harshman
Ayes 58 Nays 0 Excused 2 Absent 0 Conflicts 0
SF0044JC01/AA ADOPTED (TO ENGROSSED COPY)
Adopt the following House amendments:
SF0044H3002/A
SF0044H3003/AC
Delete the following House amendments:
SF0044H2001.01/AC
Further amend the ENGROSSED COPY as follows:
Page 1-line 7 Delete "expanding" insert "modifying".
Page 1-line 15 Delete "through (ix)" insert "and (viii)".
Page 1-line 16 After "(ii)" delete balance of the line.
Page 2-line 1 Delete.
Page 2-line 2 Delete the line through "(vii)" insert "through (iv)".
Page 2-line 7 Delete "," insert "and"; after "(viii)" delete balance of the line.
Page 2-line 8 Delete "(xi)".
Page 3-lines 1 through 3 Delete.
Page 4-line 21 Strike "any" insert "a".
Page 4-line 22 Delete ";"; reinsert stricken "or"; reinsert stricken "misdemeanor involving".
Page 5-line 1 Delete.
Page 5-line 2 Delete the line through "or".
Page 5-line 3 Delete "or any offense involving" insert ",".
Page 5-line 6 Reinsert stricken language and delete new language.
Page 5-line 13 Reinsert stricken language and delete new language.
Page 10-line 5 Delete "shall not" insert "cannot".
Page 13-line 10 After "(vii)" insert "Directly or indirectly"; after "statement" insert "regarding value, except that a copy of the sales contract for purchase transactions may be provided, or make or"; after "payment" strike ",".
Page 13-line 11 Strike through "indirectly,".
Page 14-line 3 After "of" reinsert stricken "a"; delete "any"; delete ";"; reinsert stricken "or"; reinsert stricken "misdemeanor involving".
Page 14-lines 6 and 7 Delete.
Page 14-line 8 Delete the line through "lending,".
Page 14-line 9 Delete "or any offense".
Page 14-line 10 Delete "involving" insert ",".
Renumber as necessary. LARSON, BEBOUT, DECARIA, LOCKHART, SIMPSON, STUBSON.
3/5/2008 Assigned Number SEA No. 0047
3/6/2008 S President Signed SEA No. 0047
3/6/2008 H Speaker Signed SEA No. 0047
3/12/2008 Governor Signed SEA No. 0047
3/12/2008 Assigned Chapter Number
Chapter No. 0076 Session Laws of Wyoming 2008.