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Minutes for SB18 - Committee on Financial Institutions and Pensions
Short Title
Amending the Kansas mortgage business act.
Minutes Content for Wed, Mar 8, 2017
David Wiese, staff revisor, reviewed the bill.
Chairperson Kelly opened the hearing on SB18.
Jennifer Cook testified in support of SB18 stating that it would make adjustments to the Kansas Mortgage Business Act (KMBA) which would provide clarity to the KMBA and improve the agency's ability to regulate companies engaged in the mortgage business in Kansas. (Attachment 1)
Representative Hawkins moved, Representative Eplee seconded, to suspend Committee rules and take final action on SB18. Discussion followed and Representative Hawkins withdrew his motion, with the agreement of Representative Eplee.
There being no further conferees, Chairperson Kelly closed the hearing on SB18.
