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SB 936
  • Introduced
    Apr 04, 2025
  • Passed Senate
    Jun 10, 2025
  • Passed House
    Jun 18, 2025
  • Signed into Law
SB 936
Rhode Island Senate Bill
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AN ACT RELATING TO FINANCIAL INSTITUTIONS -- AN ACT ADOPTING THE FEDERAL SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING ACT OF 2009 (Prohibits an individual who is licensed as both a Rhode Island real estate agent and mortgage loan originator to be compensated for both the sale of the property and the origination or referral of the loan in securing the property.)
Last Action See all actions
executive • Jun 18, 2025: 06/18/2025 Transmitted to Governor
Latest Bill Text See all bill texts
936
Companion Bills
RI2025HB 5811
AN ACT RELATING TO FINANCIAL INSTITUTIONS -- AN ACT ADOPTING THE FEDERAL SECURE AND FAIR ENFORCEMENT FOR MORTGAGE LICENSING ACT OF 2009 (Prohibits an individual who is licensed as both a Rhode Island real estate agent and mortgage loan originator to be compensated for both the sale of the property and the origination or referral of the loan in securing the property.)

Summary/Bill Text

Sponsors
Votes
Jun 10, 2025, Senate
Passage
YES: 35
NO: 0
OTHER: 3
YES: 35

NO: 0

    NOT VOTING: 3

    Sources
    Jun 18, 2025, House
    IN CONCURRENCE
    YES: 73
    NO: 0
    OTHER: 2
    YES: 73

    NO: 0

      NOT VOTING: 2

      Sources
      Actions
      • Jun 18, 2025 | executive
        • 06/18/2025 Transmitted to Governor
      • Jun 18, 2025 | House
        • 06/18/2025 House passed in concurrence
      • Jun 13, 2025 | House
        • 06/13/2025 Placed on House Calendar (06/18/2025)
      • Jun 10, 2025 | Senate
        • 06/10/2025 Senate read and passed
      • Jun 05, 2025 | Senate
        • 06/05/2025 Placed on Senate Calendar (06/10/2025)
      • Jun 02, 2025 | Senate
        • 06/02/2025 Committee recommends passage
      • May 30, 2025 | Senate
        • 05/30/2025 Scheduled for consideration (06/02/2025)
      • May 13, 2025 | Senate
        • 05/13/2025 Committee recommended measure be held for further study
      • May 09, 2025 | Senate
        • 05/09/2025 Scheduled for hearing and/or consideration (05/13/2025)
      • Apr 21, 2025 | Senate
        • 04/21/2025 Meeting postponed (04/22/2025)
      • Apr 18, 2025 | Senate
        • 04/18/2025 Scheduled for hearing and/or consideration
      • Apr 04, 2025 | Senate
        • 04/04/2025 Introduced, referred to Senate Commerce
      Bill Texts
      Documents
      Sources