AN ACT CONCERNING SHARED APPRECIATION AGREEMENTS AND CERTAIN START-UP COMPANIES ENGAGED IN THE ACTIVITY OF MONEY TRANSMISSION.
To (1) make shared appreciation agreements subject to the same licensing and regulatory compliance requirements as residential mortgage loans, and (2) permit a start-up company engaged in the activity of a money transmission to provide a statement of condition as part of licensure application in lieu of certain financial statements.
Introduced by:Banking Committee
|New today||2-4 days old||5 days & older|
Add Notes to HB-6995
Co-sponsors for Amendment LCO:
|4/1/2019||(LCO)||File Number 247|
|4/1/2019||House Calendar Number 165|
|4/1/2019||Favorable Report, Tabled for the Calendar, House|
|4/1/2019||(LCO)||Reported Out of Legislative Commissioners' Office|
|3/25/2019||(LCO)||Referred to Office of Legislative Research and Office of Fiscal Analysis 04/01/19 10:00 AM|
|3/14/2019||(LCO)||Filed with Legislative Commissioners' Office|
|3/12/2019||(BA)||Joint Favorable Substitute|
|2/1/2019||Public Hearing 02/07|
|1/31/2019||Referred to Joint Committee on Banking|