RELATING TO MORTGAGE SERVICERS.
Summary
Updates requirements relating to licensed mortgage servicers by requiring approval by the commissioner of financial institutions for a change in control; and clarifying which persons associated with a mortgage servicer are presumed to exercise control and are subject to interviews, examination, and disclosure requirements. Effective 9/1/2017. (CD1)
Bill status
signed
all 4 stages cleared
Introduction
Jan 2017
Committee Review
Apr 2017
Senate Passage
Mar 2017
Signed into Law
Jun 2017
Introduced Jan 25, 2017
Signed Jun 22, 2017
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
50
Key actions
18
Committee
21
Amendments
2
Jun 22, 2017
Signed into law
Act 046, 06/20/2017 (Gov. Msg. No. 1146).
legislature
Jun 22, 2017
Signed into law
Act 046, on 06/20/2017 (Gov. Msg. No. 1146).
legislature
Apr 27, 2017
Legislature · Passed
Reported from Conference Committee (Conf Com. Rep. No. 61) as amended in (CD 1).
legislature
Apr 27, 2017
Introduced
48 Hrs. Notice (as amended CD 1) 05-02-17.
legislature
Apr 27, 2017
Legislature · Passed
Reported from Conference Committee as amended CD 1 (Conf. Com. Rep. No. 61).
legislature
Apr 25, 2017
Legislature · Passed
The Conference Committee recommends that the measure be Passed, with Amendments. The votes were as follows: 4 Ayes: Representative(s) Ohno, Takumi, Choy, Ward; Ayes with reservations: none; 0 Noes: none; and 0 Excused: none.
legislature
Apr 25, 2017
Legislature · Passed
The Conference committee recommends that the measure be PASSED, WITH AMENDMENTS. The votes of the Senate Conference Managers were as follows: 3 Aye(s): Senator(s) Baker, Taniguchi, S. Chang; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
legislature
Apr 24, 2017
Legislature · Passed
Conference committee meeting to reconvene on 04-25-17 2:30PM in conference room 016.
legislature
Apr 21, 2017
Legislature · Passed
Conference committee meeting to reconvene on 04-24-17 2:30PM in conference room 016.
legislature
Apr 20, 2017
Legislature · Passed
Conference committee meeting scheduled for 04-21-17 2:30PM in conference room 016.
legislature
Apr 7, 2017
Introduced
Senate disagrees with House amendments.
legislature
Apr 7, 2017
Introduced
Received from House (Hse. Com. No. 494).
legislature
Apr 6, 2017
Legislature · Passed
Passed Third Reading with none voting aye with reservations; none voting no (0) and Representative(s) Oshiro, Saiki, Say excused (3). Transmitted to Senate.
legislature
Mar 31, 2017
Legislature · Passed
The committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 16 Ayes: Representative(s) Luke, Cullen, Cachola, Choy, DeCoite, Gates, Holt, Keohokalole, Kobayashi, LoPresti, Lowen, Nakamura, Tokioka, Quinlan, Yamashita, Ward; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Tupola.
legislature
Mar 24, 2017
Committee
Report adopted; referred to the committee(s) on FIN with none voting aye with reservations; none voting no (0) and Representative(s) Aquino, DeCoite, Har, Ichiyama, C. Lee, Thielen excused (6).
legislature
Mar 24, 2017
Committee
Reported from CPC (Stand. Com. Rep. No. 1318), recommending referral to FIN.
legislature
Mar 22, 2017
Legislature · Passed
The committees on CPC recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 6 Ayes: Representative(s) Takumi, Ito, Say, Takayama, Todd, Yamane; Ayes with reservations: none; Noes: none; and 3 Excused: Representative(s) Ichiyama, Aquino, Fukumoto.
legislature
Mar 17, 2017
Committee
Reported from IAC (Stand. Com. Rep. No. 1112) as amended in HD 1, recommending passage on Second Reading and referral to CPC.
legislature
Mar 15, 2017
Legislature · Passed
The committees on IAC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Ohno, Choy, Cachola, Ito, Onishi, Tokioka, Ward; Ayes with reservations: none; Noes: none; and 1 Excused: Representative(s) Woodson.
legislature
Mar 9, 2017
Committee
Referred to IAC, CPC, FIN, referral sheet 27
legislature
Mar 7, 2017
Introduced
Received from Senate (Sen. Com. No. 304) in amended form (SD 2).
legislature
Mar 7, 2017
Legislature · Passed
Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
legislature
Feb 23, 2017
Legislature · Passed
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 7 Aye(s): Senator(s) Tokuda, English, Galuteria, Harimoto, Riviere, Taniguchi, Wakai; Aye(s) with reservations: none ; 0 No(es): none; and 4 Excused: Senator(s) Dela Cruz, Inouye, K. Kahele, Shimabukuro.
legislature
Feb 21, 2017
Legislature · Passed
The committee(s) on WAM will hold a public decision making on 02-23-17 1:35PM in conference room 211.
legislature
Feb 13, 2017
Committee
Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
legislature
Feb 13, 2017
Committee
Reported from CPH (Stand. Com. Rep. No. 138) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
legislature
Feb 7, 2017
Legislature · Passed
The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 5 Aye(s): Senator(s) Baker, Nishihara, S. Chang, Espero, Ruderman; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Ihara, Kidani.
legislature
Feb 2, 2017
Legislature · Passed
The committee(s) on CPH has scheduled a public hearing on 02-07-17 9:00AM in conference room 229.
legislature
Jan 25, 2017
Committee
Referred to CPH, WAM.
legislature
Jan 25, 2017
Introduced
Introduced.
legislature
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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