Bill Information

House Bill 1588
2021-2022 Regular Session
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.
Co-Sponsorship Memo
Prime Sponsor
Photo of Representative Representative Robert W. Mercuri
Representative Robert W. Mercuri
R House District 28
Co-Sponsors
Photo of Representative Rep. Greg Rothman
Rep. Greg Rothman
R House District 87
Photo of Representative Rep. Bob Brooks
Rep. Bob Brooks
R House District 54
Photo of Representative Rep. Michael Driscoll
Rep. Michael Driscoll
D House District 173
Photo of Representative Rep. Keith Greiner
Rep. Keith Greiner
R House District 43
Photo of Representative Rep. Tim Hennessey
Rep. Tim Hennessey
R House District 26
Photo of Representative Rep. Carol Hill-Evans
Rep. Carol Hill-Evans
D House District 95
Photo of Representative Rep. Barry Jozwiak
Rep. Barry Jozwiak
R House District 5
Photo of Representative Rep. Lori Mizgorski
Rep. Lori Mizgorski
R House District 30
Photo of Representative Rep. Ed Neilson
Rep. Ed Neilson
D House District 174
Photo of Representative Rep. David Rowe
Rep. David Rowe
R House District 85
Photo of Representative Rep. Francis Ryan
Rep. Francis Ryan
R House District 101
Photo of Representative Rep. Perry A. Stambaugh
Rep. Perry A. Stambaugh
R House District 86
Photo of Representative Rep. Manuel Guzman
Rep. Manuel Guzman
D House District 127
Photo of Representative Rep. Jason Silvis
Rep. Jason Silvis
R House District 55
Bill Status & History
Last Action: Act No. 8 of 2022, Feb. 3, 2022
H
S
1742 Referred to Commerce, June 9, 2021
1821 Reported as amended, June 15, 2021
First consideration, June 15, 2021
Re-committed to Rules, June 15, 2021
Re-reported as committed, June 21, 2021
Second consideration, June 21, 2021
Re-committed to Appropriations, June 21, 2021
Re-reported as committed, June 22, 2021
Third consideration and final passage, June 22, 2021 (200-1)
(Remarks see House Journal Page 1021-1022), June 22, 2021
In the Senate
Referred to Banking & Insurance, June 24, 2021
2323 Reported as amended, Oct. 27, 2021
First consideration, Oct. 27, 2021
Second consideration, Nov. 9, 2021
Re-referred to Appropriations, Nov. 9, 2021
Re-reported as committed, Jan. 18, 2022
Third consideration and final passage, Jan. 19, 2022 (49-0)
In the House
Referred to Rules, Jan. 24, 2022
Re-reported on concurrence, as committed, Jan. 24, 2022
House concurred in Senate amendments, Jan. 24, 2022 (200-0)
(Remarks see House Journal Page 69-70), Jan. 24, 2022
Signed in House, Jan. 24, 2022
Signed in Senate, Jan. 24, 2022
Presented to the Governor, Jan. 24, 2022
Approved by the Governor, Feb. 3, 2022
Act No. 8 of 2022, Feb. 3, 2022
Printers Numbers
Oct 27, 2021
PN 2323
Jun 15, 2021
PN 1821
Jun 09, 2021
PN 1742
Amendments
Senate Amendments to Printers Number 1821
House Amendments to Printers Number 1742
Votes
49 0 - opens in a new tab
Wednesday, January 19, 2022 - Senate Floor Vote
24 0 - opens in a new tab
Tuesday, January 18, 2022 - Senate APPROPRIATIONS Committee Vote
14 0 - opens in a new tab
Wednesday, October 27, 2021 - Senate BANKING & INSURANCE Committee Vote
14 0 - opens in a new tab
Wednesday, October 27, 2021 - Senate BANKING & INSURANCE Committee Vote
200 1 - opens in a new tab
Tuesday, June 22, 2021 - House Floor Vote
36 0 - opens in a new tab
Tuesday, June 22, 2021 - House APPROPRIATIONS Committee Vote
17 15 - opens in a new tab
Monday, June 21, 2021 - House RULES Committee Vote
15 10 - opens in a new tab
Tuesday, June 15, 2021 - House COMMERCE Committee Vote
10 15 - opens in a new tab
Tuesday, June 15, 2021 - House COMMERCE Committee Vote
10 15 - opens in a new tab
Tuesday, June 15, 2021 - House COMMERCE Committee Vote
25 0 - opens in a new tab
Tuesday, June 15, 2021 - House COMMERCE Committee Vote
Committee Meetings
(to consider Senate Bills No. 272, 482, 726, 807, 818, 861 and 927; and House Bills No. 930 and 1588)
(to consider Senate Bills No. 272, 482, 726, 807, 818, 861 and 927; and House Bills No. 930 and 1588)

(to consider Senate Bill No. 676; Senate Resolution No. 195; and House Bill No. 1588)
(to consider Senate Bill No. 676; Senate Resolution No. 195; and House Bill No. 1588)

HB520, HB1377, HB1588 and any other business that may come before the committee.
HB520, HB1377, HB1588 and any other business that may come before the committee.
Statute References

This bill amends Title 7 (Banks And Banking). Other bills amending the same statute are listed below.


House Bill 1588
2021-2022 Regular Session
Sponsors
MERCURI, ROTHMAN, BROOKS, DRISCOLL, GREINER, HENNESSEY, HILL-EVANS, JOZWIAK, MIZGORSKI, NEILSON, ROWE, RYAN, STAMBAUGH, GUZMAN, SILVIS

Short Title
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.

Memo Subject
REMOTE MORTGAGE BANKING

Actions
1742 Referred to COMMERCE, June 9, 2021
1821 Reported as amended, June 15, 2021
First consideration, June 15, 2021
Re-committed to RULES, June 15, 2021
Re-reported as committed, June 21, 2021
Second consideration, June 21, 2021
Re-committed to APPROPRIATIONS, June 21, 2021
Re-reported as committed, June 22, 2021
Third consideration and final passage, June 22, 2021 (200-1)
(Remarks see House Journal Page 1021-1022), June 22, 2021
In the Senate
Referred to BANKING AND INSURANCE, June 24, 2021
2323 Reported as amended, Oct. 27, 2021
First consideration, Oct. 27, 2021
Second consideration, Nov. 9, 2021
Re-referred to APPROPRIATIONS, Nov. 9, 2021
Re-reported as committed, Jan. 18, 2022
Third consideration and final passage, Jan. 19, 2022 (49-0)
In the House
Referred to RULES, Jan. 24, 2022
Re-reported on concurrence, as committed, Jan. 24, 2022
House concurred in Senate amendments, Jan. 24, 2022 (200-0)
(Remarks see House Journal Page 69-70), Jan. 24, 2022
Signed in House, Jan. 24, 2022
Signed in Senate, Jan. 24, 2022
Presented to the Governor, Jan. 24, 2022
Approved by the Governor, Feb. 3, 2022
Act No. 8 of 2022, Feb. 3, 2022

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