Legislature(2019 - 2020)
2019-05-15 Senate JournalFull Journal pdf
2019-05-15 Senate Journal Page 1202 HB 104 CS FOR HOUSE BILL NO. 104(L&C) am "An Act relating to exemptions from mortgage lender, mortgage broker, and mortgage loan originator licensing requirements; and providing for an effective date" was read the third time. Senator Wielechowski moved the bill be returned to second reading for the purpose of a specific amendment, that being Amendment No. 1. Without objection, the bill was returned to second reading. Senator Wielechowski offered Amendment No. 1: Page 2, line 31, following "purchaser": Insert "or potential purchaser" Page 3, line 1, following "loan;": Insert "the seller shall keep confidential and may not disclose to another person at any time credit scores, salary information, tax records, and other financial information of the purchaser or potential purchaser obtained by the seller under this subparagraph for the purpose of determining whether the 2019-05-15 Senate Journal Page 1203 purchaser or potential purchaser has a reasonable ability to repay the loan; however, the seller may disclose the financial information when, and only to the extent that, (i) the purchaser or potential purchaser authorizes the disclosure in writing; (ii) the seller makes the disclosure to obtain professional advice relating to a dispute with the purchaser or potential purchaser; (iii) federal or state law requires the disclosure; or (iv) a court orders the disclosure;" Senator Wielechowski moved for the adoption of Amendment No. 1. Senator Costello objected, then withdrew her objection. There being no further objection, Amendment No. 1 was adopted. CS FOR HOUSE BILL NO. 104(L&C) am S was automatically in third reading. Senators von Imhof, Birch moved and asked unanimous consent to be shown as cross sponsors on the bill. Without objection, it was so ordered. The question being: "Shall CS FOR HOUSE BILL NO. 104(L&C) am S "An Act relating to exemptions from mortgage lender, mortgage broker, and mortgage loan originator licensing requirements; and providing for an effective date" pass the Senate?" The roll was taken with the following result: CSHB 104(L&C) am S Third Reading - Final Passage Effective Dates YEAS: 18 NAYS: 0 EXCUSED: 0 ABSENT: 2 Yeas: Begich, Birch, Bishop, Coghill, Costello, Giessel, Gray- Jackson, Hoffman, Kawasaki, Kiehl, Micciche, Olson, Reinbold, Stedman, Stevens, von Imhof, Wielechowski, Wilson Absent: Hughes, Shower and so, CS FOR HOUSE BILL NO. 104(L&C) am S passed the Senate. 2019-05-15 Senate Journal Page 1204 Senator Costello moved and asked unanimous consent the vote on the passage of the bill be considered the vote on the effective date clauses. Without objection, it was so ordered and the bill was referred to the Secretary for engrossment.