SB 189 (2011): relative to the definition of mortgage loan originator.

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BibTeX: @misc{bill-2011-sb189, title = {SB 189 (2011): relative to the definition of mortgage loan originator.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2011/sb189}, note = {Accessed 24 Oct. 2026} }

SB 189 (2011)

relative to the definition of mortgage loan originator.

Status: Signed into law
Term: 2011-2012
House committee: Commerce and Consumer Affairs
Senate committee: Commerce
Subject: Banking and Finance
Chapter law: 240

The Story

It was introduced on February 23, 2011 and referred to the Senate Commerce committee. The committee held a public hearing on March 22, 2011. The committee recommended that the Senate pass it with changes (amendment 2011-1185s). The committee's amendment (1185s) was adopted on a voice vote on March 30, 2011, changing the text of the bill. On March 30, 2011 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. It crossed to the House on March 31, 2011 and was referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on May 3, 2011. The committee held a work session on May 10, 2011. The committee met in executive session on May 10, 2011 and May 17, 2011. The committee voted unanimously, 17–0, to recommend that the House pass it with changes (amendment 1853h), and the report was placed on the consent calendar. The committee's amendment (1853h) was adopted on a voice vote on May 25, 2011, changing the text of the bill. On May 25, 2011 the House voted to pass it with changes on a voice vote. On June 8, 2011 the Senate adopted “Sen. Prescott Concurs with House Amendment #1853h” on a voice vote. An enrolled bill amendment (2428e) was adopted on June 8, 2011. These correct technical errors found after passage. The bill was enrolled on June 22, 2011 — the final check of the text before it goes to the governor — and an enrolled bill amendment (2011-2428e) was adopted to correct technical errors found after passage. The governor signed it on July 5, 2011, making it Chapter 240 of the session laws.

Hearings and Sessions

March 22, 2011, 9:15 AM: hearing, Senate Commerce, SH 102
May 3, 2011, 10:45 AM: public hearing, House Commerce and Consumer Affairs, LOB 302
May 10, 2011, 10:00 AM: subcommittee work session, House Commerce and Consumer Affairs
May 10, 2011, 11:30 AM: executive session, House Commerce and Consumer Affairs
May 17, 2011, 1:30 PM: executive session, House Commerce and Consumer Affairs, LOB 302

Votes

March 30, 2011, Senate: Ought to Pass with Amendment 1185s — voice vote, passed
May 25, 2011, House: Ought to Pass with Amendment #1853h — voice vote, passed
June 8, 2011, Senate: Sen. Prescott Concurs with House Amendment #1853h — voice vote, passed

The Docket

February 23, 2011: Introduced and Referred to Commerce
March 22, 2011: Hearing: 3/22/11, Room 102, State House, 9:15 a.m.; SC15
March 22, 2011: Hearing: 3/22/11, Room 100, State House, 9:15 a.m.; SC16
March 24, 2011: Committee Report: Ought to Pass with Amendment #2011-1185s, 3/30/11; SC17
March 30, 2011: Committee Amendment 1185s, AA, VV
March 30, 2011: Ought to Pass with Amendment 1185s, MA, VV; OT3rdg
March 30, 2011: Passed by Third Reading Resolution
March 31, 2011: Introduced and Referred to Commerce and Consumer Affairs
May 3, 2011: Public Hearing: 5/3/2011 10:45 AM LOB 302 ==Work Session May Follow==
May 10, 2011: Subcommittee Work Session: 5/10/2011 10:00 AM LOB 302 Banking/Business Div
May 10, 2011: Executive Session: 5/10/2011 11:30 AM LOB 302 ==TIME CHANGE (Orig 1:30 PM)==
May 17, 2011: Continued Executive Session: 5/17/2011 1:30 PM LOB 302
May 18, 2011: Committee Report: Ought to Pass with Amendment #1853h for May 25 (Vote 17-0; CC)
May 18, 2011: Proposed Committee Amendment #2011-1853h
May 25, 2011: Amendment #1853h Adopted, VV
May 25, 2011: Ought to Pass with Amendment #1853h: MA VV
June 8, 2011: Sen. Prescott Concurs with House Amendment #1853h, MA, VV
June 8, 2011: Enrolled Bill Amendment #2428e Adopted
June 22, 2011: Enrolled Bill Amendment #2011-2428e Adopted
June 22, 2011: Enrolled
June 22, 2011: Enrolled
July 5, 2011: Signed by the Governor on 07/05/2011; Effective 09/03/2011; Chapter 0240

Laws It Would Change

RSA 397-A:1