SSB 3077

Where it is now

1. ✓
   Done: IntroducedJanuary 17, 2024
2. ✓
   Done: SubcommitteeJanuary 17, 2024
3. ✓
   Done: Senate committeeFebruary 8, 2024
4. –
   Skipped: Passes the SenateContinued as SF 2287
5. Next: House committee
6. Next: Passes the House
7. Next: To the Governor
8. Next: Signed into law

Became SF 2287 → Its progress continues under the new number. Go to SF 2287 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

Senate subcommittee

Named January 17, 2024. On February 1, 2024 it recommended passage. [].

• Sen. David D. Rowley REmail
• Sen. Mike Bousselot REmail
• Sen. Eric Giddens D

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