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2012 SESSION

• | print version

SB 76 Owner financing for real property; licensing.

Introduced by: John C. Watkins | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Owner financing for real property; licensing.  Exempts persons who make loans or extend credit for any part of the purchase price of real property that the person owns from licensure requirements under the Nationwide Mortgage Licensing System and Registry. This bill is a recommendation of the Virginia Housing Commission. This bill is identical to HB 572.

FULL TEXT

• 01/05/12  Senate: Prefiled and ordered printed; offered 01/11/12 12102158D  pdf | impact statement
• 02/23/12  Senate: Bill text as passed Senate and House (SB76ER)  pdf | impact statement
• 03/08/12  Governor: Acts of Assembly Chapter text (CHAP0188)  pdf

HISTORY

• 01/05/12  Senate: Prefiled and ordered printed; offered 01/11/12 12102158D
• 01/05/12  Senate: Referred to Committee on Commerce and Labor
• 01/16/12  Senate: Reported from Commerce and Labor (16-Y 0-N)
• 01/18/12  Senate: Constitutional reading dispensed (39-Y 0-N)
• 01/19/12  Senate: Read second time and engrossed
• 01/20/12  Senate: Bills placed in block (39-Y 0-N)
• 01/20/12  Senate: Read third time and passed Senate (38-Y 0-N)
• 01/20/12  Senate: Reconsideration of passage agreed to by Senate (39-Y 0-N)
• 01/20/12  Senate: Passed Senate (39-Y 0-N)
• 02/13/12  House: Placed on Calendar
• 02/13/12  House: Read first time
• 02/13/12  House: Referred to Committee on Commerce and Labor
• 02/16/12  House: Reported from Commerce and Labor (22-Y 0-N)
• 02/20/12  House: Read second time
• 02/21/12  House: Read third time
• 02/21/12  House: Passed House BLOCK VOTE (100-0Y 0-N)
• 02/21/12  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
• 02/23/12  Senate: Enrolled
• 02/23/12  Senate: Bill text as passed Senate and House (SB76ER)
• 02/23/12  Senate: Signed by President
• 02/23/12  House: Signed by Speaker
• 03/08/12  Governor: Approved by Governor-Chapter 188 (effective 7/1/12)
• 03/08/12  Governor: Acts of Assembly Chapter text (CHAP0188)