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2021-2022 Regular Session • Pennsylvania Legislature

HB1588: In mortgage loan industry licensing and consumer protection, further providing for definitions, for license requirements, for exceptions to license requirements, for general requirements, for powers conferred on certain licensees engaged in the mortgage loan business, for mortgage loan business prohibitions, for application for license, for prelicensing and continuing education, for license fees, for licensee requirements, for suspension, revocation or refusal and for mortgage servicers.

Legislative Summary

An Act amending Title 7 (Banks and Banking) of the Pennsylvania Consolidated Statutes, in mortgage loan industry licensing and consumer protection, further providing for definitions, for license requirements, for exceptions to license requirements, for general requirements, for powers conferred on certain licensees engaged in the mortgage loan business, for mortgage loan business prohibitions, for application for license, for prelicensing and continuing education, for license fees, for licensee requirements, for suspension, revocation or refusal and for mortgage servicers.

Bill History

6/9/2021
Referred to COMMERCE
House of Representatives
6/15/2021
Reported as amended
House of Representatives
6/15/2021
First consideration
House of Representatives
6/15/2021
Re-committed to RULES
House of Representatives
6/21/2021
Re-reported as committed
House of Representatives
6/21/2021
Second consideration
House of Representatives
6/21/2021
Re-committed to APPROPRIATIONS
House of Representatives
6/22/2021
Re-reported as committed
House of Representatives
6/22/2021
Third consideration and final passage (200-1)
House of Representatives
6/22/2021
In the Senate
Senate
6/24/2021
Referred to BANKING AND INSURANCE
Senate
10/27/2021
Reported as amended
Senate
10/27/2021
First consideration
Senate
11/9/2021
Second consideration
Senate
11/9/2021
Re-referred to APPROPRIATIONS
Senate
1/18/2022
Re-reported as committed
Senate
1/19/2022
Third consideration and final passage (49-0)
Senate
1/19/2022
In the House
House of Representatives
1/24/2022
Referred to RULES
House of Representatives
1/24/2022
Re-reported on concurrence, as committed
House of Representatives
1/24/2022
House concurred in Senate amendments (200-0)
House of Representatives
1/24/2022
Signed in House
House of Representatives
1/24/2022
Signed in Senate
House of Representatives
1/24/2022
Presented to the Governor
House of Representatives
2/3/2022
Approved by the Governor
House of Representatives
2/3/2022
Act No. 8 of 2022
House of Representatives

Roll Call Votes

House Floor: HB 1588 PN 2323, CONCUR
1/24/2022
200
Yea
0
Nay
0
Not Voting
1
Absent
Result: PASSED
House Rules: Re-report Bill As Committed
1/24/2022
33
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Floor: HB 1588 PN 2323, Final Passage
1/19/2022
49
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Appropriations: Re-Reported as Committed
1/18/2022
24
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Banking And Insurance: Adopt Amendment A02226
10/27/2021
14
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Senate Banking And Insurance: Reported as Amended
10/27/2021
14
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House Appropriations: Re-report Bill As Committed
6/22/2021
36
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House Floor: HB 1588 PN 1821, FP
6/22/2021
200
Yea
1
Nay
0
Not Voting
1
Absent
Result: PASSED
House Rules: Re-report Bill As Committed
6/21/2021
17
Yea
15
Nay
1
Not Voting
0
Absent
Result: PASSED
House Commerce: Adopt Amendment A01621
6/15/2021
25
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
House Commerce: Report Bill As Amended
6/15/2021
15
Yea
10
Nay
0
Not Voting
0
Absent
Result: PASSED
House Commerce: To Table
6/15/2021
10
Yea
15
Nay
0
Not Voting
0
Absent
Result: FAILED
House Commerce: Adopt Amendment A01574
6/15/2021
10
Yea
15
Nay
0
Not Voting
0
Absent
Result: FAILED

Status Information

Current Status
Passed(2/3/2022)
Chamber
House of Representatives

Sponsors

Republican: 11
Democrat: 4

Primary Sponsor

Rob Mercuri
Rob Mercuri
Republican

Documents

Introduced
Bill Text • 1/1/1970 • 115.2 KB
LegiScanState Site
Amended
Bill Text • 1/1/1970 • 120.0 KB
LegiScanState Site
Amended
Bill Text • 1/1/1970 • 124.7 KB
LegiScanState Site
Fiscal Note
Fiscal Note • 1/24/2022 • 113.1 KB
LegiScanState Site
Fiscal Note
Fiscal Note • 1/18/2022 • 103.5 KB
LegiScanState Site
Fiscal Note
Fiscal Note • 6/22/2021 • 112.3 KB
LegiScanState Site

External Links

View on LegiScanView on State Website