Introduced
by
To permit but cap at $500 the payment of a referral fee by a financial institution to a merchant or real estate broker who refers a borrower to a lender.
Referred to the Committee on Banking and Financial Institutions
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 32 to 5 (details)
Referred to the Committee on Financial Services
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 72 to 35 (details)
To permit but cap at $500 the payment of a referral fee by a financial institution to a merchant or real estate broker who refers a borrower to a lender.