CS/CS/SB 1012 (2014) -  Financial Services

General Bill by Appropriations and Banking and Insurance and Richter
Financial Services: Preempting to the state the regulation of certain financial or lending activities of entities subject to the jurisdiction of the Office of Financial Regulation or other regulatory agencies; revising provisions relating to prohibited acts and practices by a financial institution; authorizing the office to conduct joint or concurrent examinations of licensees; deleting requirements that a mortgage lender provide an applicant for a mortgage loan a good faith estimate of costs and written disclosures related to adjustable rate mortgages, etc.
SB Substituted for CS/CS/HB 673 By Regulatory Affairs Committee and Government Operations Appropriations Subcommittee and Broxson
Effective Date: 07/01/2014
Last Event: 06/13/14 Chapter No. 2014-91, companion bill(s) passed, see CS/CS/SB 1278 (Ch. 2014-99) on Friday, June 13, 2014 2:15 PM
Date Available for Final Passage: Wednesday, April 30, 2014 12:15 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 03/05/14 1:30 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 11   Nays 0
  • Appropriations Subcommittee on Criminal and Civil Justice
    • On agenda for: 03/12/14 9:00 AM
    • Recommendation: Favorable (final action) Votes: Yeas 12   Nays 0
  • Appropriations
    • On agenda for: 04/22/14 9:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 16   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 1278 Subject: Public Records/Office of Financial Regulation Relationship: Linked
Bill #: CS/CS/HB 631 Subject: Loan Originators, Mortgage Brokers, & Mortgage Lenders Relationship: Compare
Bill #: CS/CS/HB 673 Subject: Financial Institutions Relationship: Compare
Bill #: CS/CS/CS/HB 675 Subject: Public Records Relationship: Compare
Bill #: SB 666 Subject: Loan Originators, Mortgage Brokers, and Mortgage Lenders Relationship: Compare

Bill Text

  • Enrolled
  • Engrossed 1
  • Committee Substitute 2
    • A 261621 , Broxson Date Filed: 04/25/14, Line#: 1156 House: Adopted 04/28/2014 12:14 PM
    • Senate: Concurred 05/01/2014 09:34 AM
    • A 107357 , Workman Date Filed: 04/27/14, Line#: 1611 House: Adopted 04/28/2014 12:15 PM
    • Senate: Concurred 05/01/2014 09:35 AM
    • AH 961708 , Richter Date Filed: 04/30/14, Line#: 468 Senate: Adopted 05/01/2014 09:35 AM
    • House: Concur 05/02/2014 01:29 PM
  • Committee Substitute 1
    • A 858846 , Appropriations, Richter Date Filed: 04/18/14, Line#: 135 Senate(c): Replaced by Committee Substitute 04/23/2014 04:49 PM
    • A 166230 , Appropriations, Richter Date Filed: 04/18/14, Line#: 1055 Senate(c): Replaced by Committee Substitute 04/23/2014 04:49 PM
    • A 182806 , Appropriations, Richter Date Filed: 04/18/14, Line#: 1055 Senate(c): Replaced by Committee Substitute 04/23/2014 04:49 PM
  • Original Filed Version
    • A 221894 , Banking and Insurance, Richter Date Filed: 03/03/14, Line#: 406 Senate(c): Replaced by Committee Substitute 03/05/2014 04:08 PM
    • A 628728 , Banking and Insurance, Richter Date Filed: 03/03/14, Line#: 544 Senate(c): Replaced by Committee Substitute 03/05/2014 04:08 PM
    • A 357424 , Banking and Insurance, Richter Date Filed: 03/03/14, Line#: 610 Senate(c): Replaced by Committee Substitute 03/05/2014 04:08 PM

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Appropriations 4/24/2014 11:41:39 AM
Chamber: Senate Committee: Appropriations 4/21/2014 7:51:08 AM
Chamber: Senate Committee: Appropriations Subcommittee on Criminal and Civil Justice 3/12/2014 9:44:53 AM
Chamber: Senate Committee: Appropriations Subcommittee on Criminal and Civil Justice 3/11/2014 8:00:49 AM
Chamber: Senate Committee: Banking and Insurance 3/6/2014 10:10:44 AM
Chamber: Senate Committee: Banking and Insurance 3/3/2014 3:40:58 PM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: Senate Date: 04/25/2014 12:15 PM   Yeas: 36 Nays: 0 Action: Action 2: Vote Detail: Vote [Seq# 29] Barcode:
Chamber: House Date: 04/28/2014 02:35 PM   Yeas: 116 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 790] Barcode:
Chamber: Senate Date: 05/01/2014 09:35 AM   Yeas: 38 Nays: 0 Action: Returning Messages Action 2: Vote Detail: Vote [Seq# 11] Barcode:
Chamber: House Date: 05/02/2014 01:29 PM   Yeas: 118 Nays: 0 Action: Action 2: Passage Vote Detail: Vote [Seq# 876] Barcode:

Bill History

Event Time Member Committee Ver.
Event: Chapter No. 2014-91, companion bill(s) passed, see CS/CS/SB 1278 (Ch. 2014-99) Time: 06/13/2014 - 2:15 PM Member: Committee: Version: er
Event: Approved by Governor Time: 06/13/2014 - 11:32 AM Member: Committee: Version: er
Event: Signed by Officers and presented to Governor Time: 06/05/2014 - 10:03 AM Member: Committee: Version: er
Event: S Ordered engrossed, then enrolled -SJ 1399 Time: 05/02/2014 - 2:05 PM Member: Committee: Version: c2
Event: H CS passed as amended; YEAS 118, NAYS 0 Time: 05/02/2014 - 1:29 PM Member: Committee: Version: c2
Event: H Amendment 961708 Concur Time: 05/02/2014 - 1:29 PM Member: Committee: Version: c2
Event: H Added to Senate Message List Time: 05/02/2014 - 12:17 PM Member: Committee: Version: c2
Event: H In Messages Time: 05/01/2014 - 11:09 AM Member: Committee: Version: c2
Event: S CS passed as amended; YEAS 38 NAYS 0 -SJ 906 Time: 05/01/2014 - 9:35 AM Member: Committee: Version: c2
Event: S Concurred in House amendment(s) as amended -SJ 906 Time: 05/01/2014 - 9:35 AM Member: Committee: Version: c2
Event: S Amendment(s) to House amendment(s) adopted (961708) -SJ 901 Time: 05/01/2014 - 9:34 AM Member: Committee: Version: c2
Event: S In returning messages Time: 04/28/2014 - 3:17 PM Member: Committee: Version: c2
Event: H CS passed as amended; YEAS 116, NAYS 0 Time: 04/28/2014 - 2:35 PM Member: Committee: Version: c2
Event: H Read 3rd time Time: 04/28/2014 - 2:34 PM Member: Committee: Version: c2
Event: H Placed on 3rd reading Time: 04/28/2014 - 12:15 PM Member: Committee: Version: c2
Event: H Amendment 107357 adopted Time: 04/28/2014 - 12:15 PM Member: Committee: Version: c2
Event: H Amendment 261621 adopted Time: 04/28/2014 - 12:14 PM Member: Committee: Version: c2
Event: H Substituted for CS/CS/HB 673 Time: 04/28/2014 - 12:10 PM Member: Committee: Version: c2
Event: H Read 2nd time Time: 04/28/2014 - 12:09 PM Member: Committee: Version: c2
Event: H Amendment 107357 filed Time: 04/27/2014 - 3:43 PM Member: Committee: Version: c2
Event: H 1st Reading Time: 04/25/2014 - 11:17 PM Member: Committee: Version: c2
Event: H Bill added to Special Order Calendar (4/28/2014) Time: 04/25/2014 - 8:39 PM Member: Committee: Version: c2
Event: H Bill referred to House Calendar Time: 04/25/2014 - 6:40 PM Member: Committee: Version: c2
Event: H Amendment 261621 filed Time: 04/25/2014 - 3:56 PM Member: Committee: Version: c2
Event: H In Messages Time: 04/25/2014 - 2:21 PM Member: Committee: Version: c2
Event: S Immediately certified -SJ 677 Time: 04/25/2014 - 12:16 PM Member: Committee: Version: c2
Event: S CS passed; YEAS 36 NAYS 0 -SJ 677 Time: 04/25/2014 - 12:15 PM Member: Committee: Version: c2
Event: S Read 3rd time -SJ 677 Time: 04/25/2014 - 12:15 PM Member: Committee: Version: c2
Event: S Read 2nd time -SJ 677 Time: 04/25/2014 - 12:14 PM Member: Committee: Version: c2
Event: S CS/CS by Appropriations read 1st time -SJ 587 Time: 04/23/2014 - 9:16 PM Member: Committee: Appropriations Version: c2
Event: S Placed on Special Order Calendar, 04/25/14 Time: 04/23/2014 - 8:10 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading -SJ 584 Time: 04/23/2014 - 8:09 PM Member: Committee: Version: c2
Event: S Pending reference review -under Rule 4.7(2) - (Committee Substitute) Time: 04/23/2014 - 7:22 PM Member: Committee: Appropriations Version: c2
Event: S CS/CS by- Appropriations; YEAS 16 NAYS 0 -SJ 584 Time: 04/22/2014 - 9:10 PM Member: Committee: Appropriations Version: c1
Event: S On Committee agenda-- Appropriations, 04/22/14, 9:00 am, 412 Knott Building Time: 04/17/2014 - 4:24 PM Member: Committee: Appropriations Version: c1
Event: S Now in Appropriations -SJ 243 Time: 03/12/2014 - 10:56 AM Member: Committee: Appropriations Version: c1
Event: S Subcommittee Recommendation: Favorable by Appropriations Subcommittee on Criminal and Civil Justice; YEAS 12 NAYS 0 -SJ 243 Time: 03/12/2014 - 9:47 AM Member: Committee: Appropriations Subcommittee on Criminal and Civil Justice Version: c1
Event: S CS by Banking and Insurance read 1st time -SJ 226 Time: 03/10/2014 - 6:29 PM Member: Committee: Banking and Insurance Version: c1
Event: S On Committee agenda-- Appropriations Subcommittee on Criminal and Civil Justice, 03/12/14, 9:00 am, 37 Senate Office Building Time: 03/07/2014 - 2:48 PM Member: Committee: Appropriations Subcommittee on Criminal and Civil Justice Version: c1
Event: S Now in Appropriations Subcommittee on Criminal and Civil Justice -SJ 206 Time: 03/07/2014 - 2:03 PM Member: Committee: Appropriations Subcommittee on Criminal and Civil Justice Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 03/07/2014 - 12:51 PM Member: Committee: Banking and Insurance Version: c1
Event: S CS by Banking and Insurance; YEAS 11 NAYS 0 -SJ 206 Time: 03/05/2014 - 3:54 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced -SJ 81 Time: 03/04/2014 - 8:13 AM Member: Committee: Version: __
Event: S On Committee agenda-- Banking and Insurance, 03/05/14, 1:30 pm, 110 Senate Office Building Time: 02/28/2014 - 11:45 AM Member: Committee: Banking and Insurance Version: __
Event: S Referred to Banking and Insurance; Appropriations Subcommittee on Criminal and Civil Justice; Appropriations -SJ 82 Time: 02/19/2014 - 2:31 PM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 02/12/2014 - 9:04 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
494.001 CS/CS/HB 631, SB 666
494.0012 CS/CS/HB 631, SB 666
494.00255 CS/CS/HB 631, SB 666
494.0028 CS/CS/HB 631, SB 666
494.00313 CS/CS/HB 631, SB 666
494.00322 CS/CS/HB 631, SB 666
494.0036 CS/CS/HB 631, SB 666
494.0038 CS/CS/HB 631, SB 666
494.004 CS/CS/HB 631, SB 666
494.0042 CS/CS/HB 631, SB 666
494.00421 CS/CS/HB 631, SB 666
494.00611 CS/CS/HB 631, SB 666
494.00612 CS/CS/HB 631, SB 666
494.0066 CS/CS/HB 631, SB 666
494.0067 CS/CS/HB 631, SB 666
494.0068 CS/CS/HB 631, SB 666
494.007 CS/CS/HB 631, SB 666
494.0073 CS/CS/HB 631, SB 666
494.0078 SB 666
494.0079 SB 666
494.00791 SB 666
494.00792 SB 666
494.00793 SB 666
494.00794 SB 666
494.00795 SB 666
494.00796 SB 666
494.00797 SB 666
494.008 CS/CS/HB 631, SB 666
655.005 CS/CS/HB 673, CS/SB 1238, CS/CS/CS/HB 1267
655.017 CS/CS/HB 673
655.0322 CS/CS/HB 673
655.034 CS/CS/HB 673
655.037 CS/CS/HB 673
655.0385 CS/CS/HB 673
655.041 CS/CS/HB 673
655.045 CS/CS/HB 673
655.057 CS/CS/HB 673, CS/CS/CS/HB 675, CS/CS/SB 1278
655.0591 CS/CS/HB 673
655.50 CS/CS/HB 673
655.85 CS/CS/HB 673
655.921 CS/CS/HB 673
655.922 CS/CS/HB 673
655.948 CS/CS/HB 673
655.955 CS/CS/HB 673
657.008 CS/CS/HB 673
657.028 CS/CS/HB 673
657.041 CS/CS/HB 673
658.12 CS/CS/HB 673
658.21 CS/CS/HB 673
658.235 CS/CS/HB 673
658.49 CS/CS/HB 673
663.02 CS/CS/HB 673
663.09 CS/CS/HB 673
663.12 CS/CS/HB 673
663.306 CS/CS/SB 654, CS/CS/HB 673, CS/CS/HB 685
665.013 CS/CS/HB 673
665.033 CS/CS/HB 673
665.034 CS/CS/HB 673
667.003 CS/CS/HB 673
667.006 CS/CS/HB 673
667.008 CS/CS/HB 673