HSB 584

Where it is now

1. ✓
   Done: IntroducedJanuary 18, 2024
2. ✓
   Done: SubcommitteeJanuary 18, 2024
3. ✓
   Done: House committeeJanuary 30, 2024
4. –
   Skipped: Passes the HouseContinued as HF 2266
5. Next: Senate committee
6. Next: Passes the Senate
7. Next: To the Governor
8. Next: Signed into law

Became HF 2266 → Its progress continues under the new number. Go to HF 2266 What’s a funnel?

What’s in it

This bill relates to points and fees charged on loans by mortgage bankers. Under current law, if a lender that is a mortgage banker makes a loan in which the points and fees the borrower is charged by all lenders in connection with the loan do not exceed the amounts specified in C.F.R. §1026.43(e)(3), the loan shall not be subject to the provisions of Code section 535.8(5). Under the bill, the loan shall also not be subject to Code section 535.8(4)(a).

Full bill text · What changed before it passed¹

House subcommittee

Named January 18, 2024. On January 23, 2024 it recommended passage. Vote Total: 3-0.

• Rep. Carter F. Nordman REmail
• Rep. Sean Bagniewski DEmail
• Rep. Mike Vondran REmail

Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part

Iowa Code it changes

Amends§535.8

How the Code works²

Family tree