2001 Senate Bill 714

Introduced in the Senate

Oct. 16, 2001

Introduced by Sen. Valde Garcia (R-26)

To require secondary mortgage brokers to comply with the "sub-prime" loan regulations proposed by Senate Bill 708.

Referred to the Committee on Banking and Financial Institutions

Dec. 4, 2002

Substitute offered

To replace the previous version of the bill with one containing technical changes which do not affect the substance of the bill as previously described. However, the bill which contains the actual regulations (SB 708) does have substantive changes.

The substitute passed by voice vote