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FL H0665

Bill

Status

Passed

6/17/2013

Primary Sponsor

Travis Hutson

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Changes mortgage broker license denial from mandatory to discretionary if applicant previously had a mortgage broker license revoked in any jurisdiction.

  • Changes mortgage lender license denial from mandatory to discretionary if applicant previously had a mortgage lender license revoked in any jurisdiction.

  • Revises fingerprint submission procedures for securities dealers and money services business applicants to use live-scan processing through third-party vendors authorized by Department of Law Enforcement, with costs borne by the person subject to background check.

  • Requires Office of Financial Regulation to pay annual fee to Department of Law Enforcement to participate in statewide automated fingerprint identification system.

  • Requires existing money services business licensees initially approved before October 1, 2013, to submit fingerprints before license renewal scheduled between April 30, 2014, and December 31, 2015.

Legislative Description

Licensure by Office of Financial Regulation

Last Action

Chapter No. 2013-201

6/17/2013

Committee Referrals

Banking and Insurance4/18/2013
Regulatory Affairs3/20/2013
Government Operations Appropriations Subcommittee3/12/2013
Insurance And Banking Subcommittee2/20/2013

Full Bill Text

No bill text available