Nevada 2019 Regular Session Status: To Executive 1 D cosponsors

AB 398 — Revises provisions relating to commercial mortgage lending. (BDR 54-1068)

Last action — Chapter 161.

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Assembly
  4. ✓
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2019 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

AN ACT relating to commercial mortgage lending; exempting wholesale lenders who only fund or purchase commercial mortgage loans from obtaining a license; and providing other matters properly relating thereto.

Bill Text

What changed in the latest version

22 added · 33 removed

22 line(s) added, 33 removed.

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Latest
(Reprinted with amendments adopted on April 22, 2019) FIRST REPRINT A.B.
Assembly Bill No.
398 A SSEMBLY BILL NO .
398–Assemblywoman Jauregui CHAPTER..........
398–ASSEMBLYWOMAN JAUREGUI M ARCH 21, 2019 ____________ Referred to Committee on Commerce and Labor SUMMARY—Revises provisions relating to commercial mortgage lending.
(BDR 54-1068) FISCAL NOTE:
Effect on Local Government:
No.
Effect on the State:
Yes.
~ EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
LegExisting law requires persons and entities engaged in mortgage lending to be licensed by the Commissioner of Mortgage Lending.
Legislative Counsel’s Digest:
Existing law requires persons and entities engaged in mortgage lending to be licensed by the Commissioner of Mortgage Lending.
EXPLANATION – Matter in bolded italics is new;
matter between brackets [omitted material] is material to be omitted.
Sec.
Secs.
2.
2-4.
3.
5.
(Deleted by amendment.) Sec.
This act becomes effective upon passage and approval for the purposes of adopting regulations and performing any other preparatory administrative tasks that are necessary to carry out the provisions of this act, and on January 1, 2020, for all other purposes.
4.
~~~~~ 19 80th Session (2019)
(Deleted by amendment.) - *AB398_R1* – 2 – for the purposes of adopting regulations and performing any other preparatory administrative tasks that are necessary to carry out the provisions of this act, and on January 1, 2020, for all other purposes.
H - *AB398_R1*
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Amendments

1 amendment

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Action History

  1. Chapter 161.

  2. Enrolled and delivered to Governor. Approved by the Governor.

  3. In Assembly. To enrollment.

  4. Read third time. Passed. Title approved. (Yeas: 21, Nays: None.) To Assembly.

  5. Taken from General File. Placed on General File for next legislative day.

  6. Taken from General File. Placed on General File for next legislative day.

  7. Taken from General File. Placed on General File for next legislative day.

  8. Taken from General File. Placed on General File for next legislative day.

  9. Read second time.

  10. From committee: Do pass.

  11. In Senate. Read first time. Referred to Committee on Commerce and Labor. To committee.

  12. From printer. To engrossment. Engrossed. First reprint. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 40, Nays: None, Excused: 2.) To Senate.

  13. From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 495.) To printer.

  14. From printer. To committee.

  15. Read first time. Referred to Committee on Commerce and Labor. To printer.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 66 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (66)

66 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 398 do?
AN ACT relating to commercial mortgage lending; exempting wholesale lenders who only fund or purchase commercial mortgage loans from obtaining a license; and providing other matters properly relating thereto.
Who sponsors AB 398?
AB 398 is sponsored by Jauregui, Sandra (Democratic).
What is the current status of AB 398?
This bill died with 2019 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 398?
Track AB 398 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 2 months ago · updated continuously

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