| Measure Title: | RELATING TO HOME LOAN PROTECTION. |
| Report Title: | Mortgage Brokers and Solicitors; Predatory Lending Prohibited |
| Description: | Prohibits predatory lending practices by mortgage brokers and solicitors with respect to the brokering of high cost home loans and other mortgage loans. Prohibited practices include brokering loans that require default interest rates, excessive balloon payments, financing of credit insurance premiums, and that contain other predatory provisions. (SD1) |
| Package: | None |
| Companion: | |
| Introducer(s): | TAKAMINE, NISHIMOTO, WATERS, KARAMATSU, CHANG, HALE, WAKAI, SONSON, SHIMABUKURO, Evans |
| Current Referral: | CPH, JHW |
| Date | Status Text | |
|---|---|---|
| 1/23/2003 | H | Introduced |
| 1/24/2003 | H | Pass First Reading |
| 1/27/2003 | H | Referred to CPC, JUD, referral sheet 4. |
| 1/30/2003 | H | Re-referred to HSH, CPC/JUD, referral sheet 7. |
| 2/7/2003 | H | Bill scheduled to be heard by HSH on Wednesday, 02-12-03 at 8:30 am in House conference room 329. |
| 2/12/2003 | H | The committees on HSH recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 7 Ayes: Representative(s) Kahikina, Shimabukuro, Arakaki, Kawakami, Nishimoto, Ching; Ayes with reservations: Representative(s) Finnegan; 1 Noes: Representative(s) Stonebraker; and 3 Excused: Representative(s) Hale, Takai, Takumi. |
| 2/14/2003 | H | Reported from the committee on HSH (Stand. Com. Rep. No. 503) as amended in (HD 1), recommending passage on Second Reading and referral to the committee on CPC/JUD. |
| 2/14/2003 | H | Passed Second Reading as amended in (HD 1) and referred to the committee(s) on CPC/JUD with Representative(s) Fox, Jernigan, Leong, Meyer, Moses, Ontai, Pendleton, Stonebraker voting no and Representative(s) Abinsay, Blundell, Souki, Thielen excused. |
| 2/14/2003 | H | Bill scheduled to be heard by CPC/JUD on Wednesday, 02-19-03 at 1:30 pm in House conference room 325. |
| 2/19/2003 | H | The committee(s) recommends that the measure be deferred until 2/24/2003. |
| 2/21/2003 | H | Bill scheduled for decision making on Monday, 02-24-03 at 1:30 pm in conference room 325. |
| 2/24/2003 | H | The committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Hiraki, Herkes, Lee, B. Oshiro, Sonson, Souki, Marumoto; Ayes with reservations: Representative(s) Caldwell, Thielen; 2 Noes: Representative(s) Finnegan, Stonebraker; and 4 Excused: Representative(s) Chang, Ito, Kanoho, M. Oshiro. |
| 2/24/2003 | H | The committees on JUD recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 9 Ayes: Representative(s) Hamakawa, B. Oshiro, Herkes, Lee, Sonson, Souki, Marumoto; Ayes with reservations: Representative(s) Caldwell, Thielen; 1 Noes: Representative(s) Finnegan; and 5 Excused: Representative(s) Chang, Ito, Kanoho, M. Oshiro, Pendleton. |
| 2/28/2003 | H | Reported from the committee on CPC/JUD (Stand. Com. Rep. No. 740) as amended in (HD 2), recommending passage on Third Reading. |
| 2/28/2003 | H | Forty-eight (48) hours notice Tuesday, 03-04-03. |
| 3/4/2003 | H | Passed Third Reading as amended in (HD 2) with Representative(s) Blundell, Bukoski, Fox, Halford, Jernigan, Leong, Meyer, Moses, Ontai, Pendleton, Stonebraker, Thielen voting no and none excused. |
| 3/4/2003 | H | Transmitted to Senate. |
| 3/6/2003 | S | Received from House (Hse. Com. No. 185). |
| 3/6/2003 | S | Passed First Reading. |
| 3/6/2003 | S | Deferred until 03-07-03. |
| 3/7/2003 | S | Referred to CPH, JHW. |
| 3/13/2003 | S | Bill scheduled to be heard by CPH on 03-18-03 at 9:00 am in conference room 016. |
| 3/18/2003 | S | The committee on CPH deferred the measure until 03-21-03 at 9:00 am in conference room 016. |
| 3/21/2003 | S | The committee(s) on CPH recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPH were as follows: 5 Aye(s): Senator(s) Menor, Baker, Espero; Aye(s) with reservations: Senator(s) Kim, Whalen ; 0 No(es): none; and 2 Excused: Senator(s) Ige, Sakamoto. |
| 3/21/2003 | S | Reported from CPH (Stand. Com. Rep. No. 1199) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JHW. Report adopted; Passed Second Reading, as amended (SD 1) and referred to JHW. |
| 8/21/2003 | D | Carried over to 2004 Regular Session |
$ = Appropriation measure
ConAm = Constitutional Amendment