HB 740 (2019): exempting certain mortgages from the law regarding licensing of nondepository mortgage bankers, brokers, and servicers.

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MLA: “HB 740 (2019): exempting certain mortgages from the law regarding licensing of nondepository mortgage bankers, brokers, and servicers.” Granite Record, https://graniterecord.org/bill/2019/hb740. Accessed 24 Oct. 2026.
APA: Granite Record. (n.d.). HB 740 (2019): exempting certain mortgages from the law regarding licensing of nondepository mortgage bankers, brokers, and servicers. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/2019/hb740
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BibTeX: @misc{bill-2019-hb740, title = {HB 740 (2019): exempting certain mortgages from the law regarding licensing of nondepository mortgage bankers, brokers, and servicers.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2019/hb740}, note = {Accessed 24 Oct. 2026} }

HB 740 (2019)

exempting certain mortgages from the law regarding licensing of nondepository mortgage bankers, brokers, and servicers.

Status: Signed into law
Term: 2019-2020
House committee: Commerce and Consumer Affairs
Senate committee: Commerce
Subject: Banking and Finance
Chapter law: 60

The Story

It was introduced on January 3, 2019 and referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on February 12, 2019. The committee held a work session on February 21, 2019. The committee met in executive session on February 21, 2019 to vote on its recommendation. The committee voted unanimously, 19–0, to recommend that the House pass it with changes (amendment 2019-0449h), and the report was placed on the consent calendar. The committee's amendment (2019-0449h) was adopted on a voice vote on March 19, 2019, changing the text of the bill. On March 19, 2019 the House voted to pass it with changes on a voice vote. It crossed to the Senate on March 28, 2019 and was referred to the Senate Commerce committee. The committee held a public hearing on April 25, 2019. The committee recommended that the Senate pass it. On May 2, 2019 the Senate voted to pass it on a voice vote and ordered it to a third reading. The bill was enrolled on May 15, 2019 — the final check of the text before it goes to the governor. The governor signed it on June 5, 2019, making it Chapter 60 of the session laws.

Hearings and Sessions

February 12, 2019, 1:30 PM: public hearing, House Commerce and Consumer Affairs, LOB 302
February 21, 2019, 10:30 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 304
February 21, 2019, 2:00 PM: executive session, House Commerce and Consumer Affairs, LOB 302
April 25, 2019, 1:45 PM: hearing, Senate Commerce, SH 100

Votes

March 19, 2019, House: Ought to Pass with Amendment 2019-0449h — voice vote, passed
May 2, 2019, Senate: Ought to Pass — voice vote, passed

The Docket

January 3, 2019: Introduced 01/03/2019 and referred to Commerce and Consumer Affairs
January 29, 2019: Late Drafting and Introduction Approved by Rules Committee 01/24/2019
February 12, 2019: Public Hearing: 02/12/2019 01:30 pm LOB 302
February 21, 2019: Subcommittee Work Session: 02/21/2019 10:30 am LOB 304
February 21, 2019: Executive Session: 02/21/2019 02:00 pm LOB 302
March 19, 2019: Committee Report: Ought to Pass with Amendment #2019-0449h for 03/19/2019 (Vote 19-0; CC)
March 19, 2019: Amendment #2019-0449h : AA VV 03/19/2019
March 19, 2019: Ought to Pass with Amendment 2019-0449h: MA VV 03/19/2019
March 28, 2019: Introduced 03/28/2019 and Referred to Commerce
April 25, 2019: Hearing: 04/25/2019, Room 100, SH, 01:45 pm
May 2, 2019: Committee Report: Ought to Pass, 05/02/2019
May 2, 2019: Ought to Pass : MA, VV; OT3rdg; 05/02/2019
May 8, 2019: Enrolled 05/08/2019
May 15, 2019: Enrolled (In recess 05/15/2019)
June 5, 2019: Signed by Governor Sununu 06/05/2019; Chapter 60; Eff: 06/05/2019

Laws It Would Change

RSA 397-A:4