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Session 104 - (1981-1982)Printer Friendly
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H*2172 (Rat #0059, Act #0030 of 1981) General Bill, By House Labor, Commerce and Industry
A Bill to amend Act 379 of 1980, relating to the authority of the State Board of Financial Institutions to promulgate regulations permitting state chartered savings and loan associations to offer variable rates on first mortgage real estate loans, so as to allow state chartered banks to offer variable rates of interest on such loans, and to amend Act 7 of 1979, as amended, relating to interest rate limitations on certain first mortgage loans, so as to allow state chartered banks to offer such loans on promulgation and approval of regulations authorizing same by the State Board of Financial Institutions and to allow Federal Housing Administration approved mortgagees to offer such loans in accordance with authorization granted federally chartered banks.-at
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A Bill to amend Act 379 of 1980, relating to the authority of the State Board of Financial Institutions to promulgate regulations permitting state chartered savings and loan associations to offer variable rates on first mortgage real estate loans, so as to allow state chartered banks to offer variable rates of interest on such loans, and to amend Act 7 of 1979, as amended, relating to interest rate limitations on certain first mortgage loans, so as to allow state chartered banks to offer such loans on promulgation and approval of regulations authorizing same by the State Board of Financial Institutions and to allow Federal Housing Administration approved mortgagees to offer such loans in accordance with authorization granted federally chartered banks.-at
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01/15/81 | House | Introduced, read first time, placed on calendar without reference HJ-216 |
01/21/81 | House | Read second time HJ-260 |
01/22/81 | House | Read third time and sent to Senate HJ-304 |
01/22/81 | Senate | Introduced and read first time SJ-27 |
01/22/81 | Senate | Referred to Committee on Banking and Insurance SJ-27 |
02/26/81 | Senate | Committee report: Favorable with amendment Banking and Insurance SJ-14 |
03/03/81 | Senate | Amended SJ-15 |
03/03/81 | Senate | Read second time SJ-16 |
03/05/81 | Senate | Read third time SJ-16 |
03/05/81 | Senate | Returned SJ-16 |
03/11/81 | House | Debate interrupted HJ-1109 |
04/02/81 | House | Concurred in Senate amendment and enrolled HJ-1671 |
04/08/81 | House | Ratified R 59 HJ-1735 |
04/08/81 | Signed By Governor | |
04/08/81 | Effective date 04/08/81 | |
04/08/81 | Act No. 30 | |
04/14/81 | Copies available |