l9n/ Oregon

2015 Regular Session

House Bill 2637

Prohibits person from knowingly omitting from advertisement for mortgage credit product clear and conspicuous statement that identifies person that offers or promotes mortgage credit product.

Did not become law. It stopped in the Senate's Business and Transportation Committee on July 6, 2015. The 2015 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>Provides that material misrepresentations in commercial communications about mortgage credit products constitutes unlawful trade practice.</i>] <b>Prohibits person from knowingly omitting from advertisement for mortgage credit product clear and conspicuous statement that identifies person that offers or promotes mortgage credit product. Prohibits person from stating or representing that person offers mortgage credit product in connection with another person unless person enters into written agreement with other person or obtains written consent.</b> Requires persons <i>who disseminate commercial communications regarding</i>] <b>that offer or promote</b> mortgage credit products <b>in advertisement</b> to <i>maintain</i>]<b> keep</b> specified records demonstrating compliance with Act for 24-month retention period. <b>Provides that person's failure to keep specified records is unlawful trade practice.</b>

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

3 co-sponsors

Phil Barnhart, David Gomberg, Nancy Nathanson

In the Senate

    2 co-sponsors

    Michael Dembrow, Sara Gelser Blouin

    Its course

    January 12 to July 6, 2015, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

    Each committee stop sits inside its chamber.

    Every action12 actions on 12 days

    In the House of RepresentativesJan 12 to Apr 785 days

    Waiting for a committeeJan 12 to Jan 164 days

    Consumer Protection and Government EffectivenessJan 16 to Apr 377 days

    In the SenateApr 7 to Jul 6 · stopped90 days

    Waiting for a committeeApr 7 to Apr 103 days

    Business and TransportationApr 10 to Jul 6 · stopped87 days

    Votes

    Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

    • House of Representatives, third reading60–0

      Passed · Apr 7

    Amendments

    Each amendment offered, and what became of it.

    • House of Representatives committee amendmentAdopted

      Adopted Apr 3

    Text

    Each version as the Legislative Assembly printed it.

    l9n doesn't hold this bill's text yet.

    What happened

    In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

    In the House of Representatives Jan 12 – Apr 7

    1. Jan 12Introduced
    2. Jan 16Sent to Consumer Protection and Government Effectiveness
    3. Feb 5Heard in Consumer Protection and Government Effectiveness
    4. Mar 26Heard in Consumer Protection and Government Effectiveness
    5. Mar 31Heard in Consumer Protection and Government Effectiveness
    6. Apr 3Consumer Protection and Government Effectiveness recommended it as amended
    7. Apr 6Read a second time
    8. Apr 7Passed the House of Representatives, 60 to 0

    In the Senate Apr 8 – Jul 6

    1. Apr 8Arrived in the Senate
    2. Apr 10Sent to Business and Transportation
    3. Apr 29Heard in Business and Transportation
    4. Jul 6Died when the session ended
    All 12 actions, as published
    1. Jan 12First reading. Referred to Speaker's desk.House of Representatives
    2. Jan 16Referred to Consumer Protection and Government Effectiveness.House of Representatives
    3. Feb 5Public Hearing held.House of Representatives
    4. Mar 26Work Session held.House of Representatives
    5. Mar 31Work Session held.House of Representatives
    6. Apr 3Recommendation: Do pass with amendments and be printed A-Engrossed.House of Representatives
    7. Apr 6Second reading.House of Representatives
    8. Apr 7Third reading. Carried by Lively. Passed.House of Representatives
    9. Apr 8First reading. Referred to President's desk.Senate
    10. Apr 10Referred to Business and Transportation.Senate
    11. Apr 29Public Hearing held.Senate
    12. Jul 6In committee upon adjournment.Senate