FL S0644

Changes mortgage broker and mortgage lender license denial provisions from mandatory to discretionary when applicants previously had licenses revoked, while maintaining mandatory denial if applicant's control persons had loan originator licenses revoked.

Revises fingerprint submission procedures for securities dealer and investment adviser applicants to use live-scan processing through authorized third-party vendors, with costs borne by the person subject to background check.

Requires the Office of Financial Regulation to pay an annual fee to the Department of Law Enforcement for participation in the statewide automated fingerprint identification system for money services business applicants.

Establishes new fingerprint requirements for money services business applicants, including live-scan processing with costs borne by the applicant, mandatory state and federal criminal background checks, and a transition period requiring existing licensees to submit fingerprints before renewal between April 30, 2014, and December 31, 2015.

Adds fingerprint retention fees prescribed by rule to license application and renewal fees for money services businesses.