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1999 SESSION

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HB 1579 Banking; settlement agents; kickbacks.

Introduced by: John J. Davies III | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Banking; settlement agents; kickbacks. Allows owners of a settlement service provider to receive payments based on ownership interests, as well as payments representing a bona fide salary or compensation or other payments for services actually performed for the business of the settlement service provider. Presently, these payments are only afforded to owners of a settlement agent.

FULL TEXT

• 01/13/99  House: Presented & ordered printed, prefiled 01/13/99 993318198  pdf
• 02/03/99  House: Committee substitute printed 994776198-H1  pdf
• 02/25/99  House: Bill text as passed House and Senate (HB1579ER)  pdf
• 03/24/99  Governor: Acts of Assembly Chapter text (CHAP0109)  pdf

HISTORY

• 01/13/99  House: Presented & ordered printed, prefiled 01/13/99 993318198
• 01/13/99  House: Referred to Committee on Corporations, Insurance and Banking
• 01/20/99  House: Assigned to C. I. B. sub-committee: 2
• 02/03/99  House: Reported from C. I. B. w/sub. (24-Y 0-N)
• 02/03/99  House: Committee substitute printed 994776198-H1
• 02/04/99  House: Read first time
• 02/05/99  House: Read second time
• 02/05/99  House: Committee substitute agreed to 994776198-H1
• 02/05/99  House: Engrossed by House - com. sub. 994776198-H1
• 02/06/99  House: Read third time and passed House (Block Vote) (100-Y 0-N)
• 02/06/99  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
• 02/06/99  House: Communicated to Senate
• 02/08/99  Senate: Constitutional reading dispensed
• 02/08/99  Senate: Referred to Committee on Commerce and Labor
• 02/15/99  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 02/16/99  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/16/99  Senate: VOTE: CONST. RDG. DISPENSED R (40-Y 0-N)
• 02/17/99  Senate: Read third time
• 02/17/99  Senate: Passed Senate (40-Y 0-N)
• 02/17/99  Senate: VOTE: PASSAGE R (40-Y 0-N)
• 02/25/99  House: Bill text as passed House and Senate (HB1579ER)
• 02/27/99  House: Enrolled
• 02/27/99  House: Signed by Speaker
• 02/27/99  Senate: Signed by President
• 03/16/99  Governor: Approved by Governor-Chapter 109 (effective 7/1/99)
• 03/24/99  Governor: Acts of Assembly Chapter text (CHAP0109)