Legislature(1997 - 1998)

1998-02-02 Senate Journal

Full Journal pdf

1998-02-02                     Senate Journal                      Page 2378
SB 221                                                                       
SENATE BILL NO. 221 An Act relating to negatively amortizing                   
loans originated under a program approved or sponsored by the state            
or federal government was read the second time.                                
                                                                               
Senator Sharp, Cochair, moved and asked unanimous consent for the              
adoption of the Finance Committee Substitute offered on page 2316.             
Without objection, CS FOR SENATE BILL NO. 221(FIN) An Act                      
relating to negatively amortizing loans secured by owner-occupied              
real property originated under a program approved or sponsored by              
the state or federal government, including congressionally chartered           
national corporations was adopted and read the second time.                    

1998-02-02                     Senate Journal                      Page 2379
SB 221                                                                       
Senator Taylor moved and asked unanimous consent that the bill be              
considered engrossed, advanced to third reading and placed on final            
passage. Without objection, it was so ordered.                                 
                                                                               
CS FOR SENATE BILL NO. 221(FIN) was read the third time.                       
                                                                               
The question being: Shall CS FOR SENATE BILL NO. 221(FIN)                      
An Act relating to negatively amortizing loans secured by owner-               
occupied real property originated under a program approved or                  
sponsored by the state or federal government, including                        
congressionally chartered national corporations pass the Senate?               
The roll was taken with the following result:                                  
                                                                               
CSSB 221(FIN)                                                                  
Third Reading - Final Passage                                                  
                                                                               
YEAS:  16   NAYS:  1   EXCUSED:  3   ABSENT:  0                              
                                                                               
Yeas:  Donley, Duncan, Ellis, Green, Hoffman, Leman, Lincoln,                  
Mackie, Miller, Parnell, Pearce, Phillips, Sharp, Taylor, Torgerson,           
Wilken                                                                         
                                                                               
Nays:  Ward                                                                    
                                                                               
Excused:  Adams, Halford, Kelly                                                
                                                                               
and so, CS FOR SENATE BILL NO. 221(FIN) passed the Senate.                     
                                                                               
Senator Ward gave notice of reconsideration.