Senate Bill 1753
115th Congress(2017-2018)
SAFE Transitional License Act
Introduced
Introduced in Senate on Aug 3, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1753
Congress
115
Policy Area
Housing and Community Development
Housing and Community Development
Primary focus of measure is home ownership; housing programs administration and funding; residential rehabilitation; regional planning, rural and urban development; affordable housing; homelessness; housing industry and construction; fair housing. Measures concerning mortgages and mortgage finance may fall under Finance and Financial Sector policy area.
No Senate votes have been held for this bill.
Summary
SAFE Transitional License Act
This bill amends the S.A.F.E. Mortgage Licensing Act of 2008 to temporarily allow loan originators that meet specified requirements to continue to originate loans after moving: (1) from one state to another, or (2) from a depository institution to a non-depository institution.
August 3, 2017
08/03/2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
08/03/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:38:47 PM