MA H1142

Bill

Relative to mortgage licensing in Massachusetts

Introduced
03/29/2021

In Committee
03/29/2021

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

Relative to mortgage licensing fees. Financial Services.

AI Summary

This bill proposes to modify the mortgage licensing fees in Massachusetts. It replaces the existing law with a new provision that sets the investigation and license fees for mortgage loan originators. The bill establishes a minimum fee of $500 for licensees of non-Massachusetts corporations and $300 for licensees of corporations headquartered within the Commonwealth of Massachusetts, while exempting community development corporations from these fees. The bill also requires mortgage loan originators to renew their licenses annually on a form prescribed by the commissioner.

Committee Categories

Business and Industry

Sponsors (1)

John Lawn (D)*,

Last Action

Accompanied a study order, see H4976 (on 09/01/2022)

Official Document

https://malegislature.gov/Bills/192/H1142

(17 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/192/H1142
Bill	https://malegislature.gov/Bills/192/H1142.pdf

Bill	Bill Name	Last Action	Type
H1359	Relative to late fees for no interest student loans	Accompanied a study order, see H5174	Similar To
H2485	Relative to elevator inspection fees	No further action taken	Similar To
H2980	To create an income tax deduction for municipal and school fees	Accompanied a study order, see H5250	Similar To
H3120	Reducing filing fees for single member LLCs	No further action taken	Similar To
H3121	Reducing certificate of organization fees for limited liability companies	No further action taken	Similar To
H4010	Relative to parking fees on department of conservation and recreation roads	Chapter 70 of the Acts of 2021	Similar To
H4051	Message from His Excellency the Governor returning with his objections thereto in writing the engrossed Bill relative to parking fees on Department of Conservation and Recreation roads (see House, No. 4010). August 3, 2021	See H4010	Similar To
H4976	Study Order	No further action taken	Replaced by
S1614	Relative to equitable firearm license fees	Accompanied a study order, see S2762	Similar To
S1617	Relative to elevator certification fees	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2039	Relative to justice of the peace fees	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2051	Reducing the costs for small businesses	Accompanied H3121	Similar To
S2349	To protect motorists from excessive EZ-Pass fees and fines	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To
S2529	Authorizing the expenditure of $500,000 from town of Brookline Marijuana Mitigation Stabilization Fund for purpose of advancing racial equity in the town of Brookline	No further action taken	Similar To
S417	Relative to disclosing continuing care retirement community entrance fees	Accompanied H746	Similar To
S877	Requiring the disclosure of services covered by condominium fees and property taxes	Accompanied a study order, see H5276	Similar To
S881	Relative to full disclosure of fees	Accompanied a study order, see H5276	Similar To

Bill

Bill Name

Last Action

Type

H1359

Relative to late fees for no interest student loans

Accompanied a study order, see H5174

Similar To

H2485

Relative to elevator inspection fees

No further action taken

Similar To

H2980

To create an income tax deduction for municipal and school fees

Accompanied a study order, see H5250

Similar To

H3120

Reducing filing fees for single member LLCs

No further action taken

Similar To

H3121

Reducing certificate of organization fees for limited liability companies

No further action taken

Similar To

H4010

Relative to parking fees on department of conservation and recreation roads

Chapter 70 of the Acts of 2021

Similar To

H4051

Message from His Excellency the Governor returning with his objections thereto in writing the engrossed Bill relative to parking fees on Department of Conservation and Recreation roads (see House, No. 4010). August 3, 2021

See H4010

Similar To

H4976

Study Order

No further action taken

Replaced by

S1614

Relative to equitable firearm license fees

Accompanied a study order, see S2762

Similar To

S1617

Relative to elevator certification fees

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S2039

Relative to justice of the peace fees

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S2051

Reducing the costs for small businesses

Accompanied H3121

Similar To

S2349

To protect motorists from excessive EZ-Pass fees and fines

Bill reported favorably by committee and referred to the committee on Senate Ways and Means

Similar To

S2529

Authorizing the expenditure of $500,000 from town of Brookline Marijuana Mitigation Stabilization Fund for purpose of advancing racial equity in the town of Brookline

No further action taken

Similar To

S417

Relative to disclosing continuing care retirement community entrance fees

Accompanied H746

Similar To

S877

Requiring the disclosure of services covered by condominium fees and property taxes

Accompanied a study order, see H5276

Similar To

S881

Relative to full disclosure of fees

Accompanied a study order, see H5276

Similar To

Bill > H1142

MA H1142

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary