Shawn McPherson
- Republican
- Representative
- District 22
Amend KRS 286.8-010 to define terms; amend KRS 286.8-032 to require licensing fees and an annual assessment; amend KRS 286.8-036 to define terms; permit employees of a licensee to engage in the mortgage lending process from an alternate location if certain conditions are met; amend KRS 286.8-295 to define "employee"; require supervision and control of employees acting as mortgage loan originators; establish requirements for licensees that allow employees to engage in the mortgage lending process from alternate work locations; amend KRS 286.8-160 to prohibit records from being maintained at an alternate work location; amend KRS 286.8-170 to permit mortgage loan companies and mortgage loan brokers to utilize third-party secure storage facilities if certain conditions are met; amend KRS 286.8-100, 286.8-140, 286.8-150, 286.8-220, 286.8-255, 286.8-285, and 355.9-408 to update references to conform; make technical amendments throughout.
signed by Governor (Acts Ch. 125)
delivered to Governor
enrolled, signed by President of the Senate
enrolled, signed by Speaker of the House
3rd reading, passed 36-0
received in House
passed over and retained in the Consent Orders of the Day
posted for passage in the Consent Orders of the Day for Friday, March 25, 2022
2nd reading, to Rules as a consent bill
reported favorably, 1st reading, to Consent Calendar
to Banking & Insurance (S)
to Committee on Committees (S)
received in Senate
3rd reading, passed 91-0 with Floor Amendment (1)
2nd reading, to Rules
posted for passage in the Regular Orders of the Day for Friday, March 04, 2022
floor amendment (1) filed
reported favorably, 1st reading, to Calendar
to Banking & Insurance (H)
to Committee on Committees (H)
introduced in House
Bill Text Versions | Format |
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Acts Chapter 125 | |
Current/Final | |
Introduced |
Document | Format |
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Proposed House Floor Amendment 1 |
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