---
type: "Bill"
title: "Originator Exemption Mortgages To Family Members"
description: "Current law defines a mortgage loan originator as an individual who offers or negotiates terms of a residential mortgage loan, including to any family member, but there is an exemption for a parent who acts as a loan originator in providing loan financing to his or her child. The bill expands the exemption to include up to 3 loans per year without compensation, other than interest, between family members, and directs the board of mortgage loan originators to define 'family member' by rule."
jurisdiction: "us/states/co"
legislature: "Colorado General Assembly"
session: "2017A"
identifier: "SB 17-127"
citation: "Colorado SB 17-127 (2017A)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Dan Pabon", "Jack Tate"]
version_count: 8
action_count: 12
vote_count: 2
first_action: "2017-01-27T07:00:00+00:00"
last_action: "2017-03-16T06:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/15f3f21e-9245-4d9c-a9aa-b9ed3b568959"
source_url: "http://leg.colorado.gov/bills/sb17-127"
source_hash: "012a1a2150b7764f2901ef0062c21626fd6dfbfb5848fa17fb6212a6cb20776a"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-co"]
---

# Colorado SB 17-127 (2017A) — Originator Exemption Mortgages To Family Members

Current law defines a mortgage loan originator as an individual who offers or negotiates terms of a residential mortgage loan, including to any family member, but there is an exemption for a parent who acts as a loan originator in providing loan financing to his or her child. The bill expands the exemption to include up to 3 loans per year without compensation, other than interest, between family members, and directs the board of mortgage loan originators to define 'family member' by rule.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Committee Amendment** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017a/bills/cr/2017A_SB127_H_BUS_001.pdf)
2. **Engrossed (02/09/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_127_eng.pdf)
3. **Final Act (03/10/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_127_enr.pdf)
4. **Introduced (01/27/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_127_01.pdf)
5. **Reengrossed (02/10/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_127_ren.pdf)
6. **Rerevised (03/06/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_127_rer.pdf)
7. **Revised (03/03/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_127_rev.pdf)
8. **Signed Act (03/16/2017)** (committee substitute) — [source](http://leg.colorado.gov/sites/default/files/documents/2017A/bills/2017a_127_signed.pdf)

## Votes

- Refer Senate Bill 17-127 to the Committee of the Whole with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 7-0. — **7–0** (pass) · legislature
- Refer Senate Bill 17-127 to the Committee of the Whole. The motion passed on a vote of 10-0. — **10–0** (pass) · legislature

## Sponsors

- Dan Pabon — primary (person)
- Jack Tate — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-03-16T06:00:00+00:00** Governor Signed `executive-signature`
- **2017-03-10T07:00:00+00:00** Sent to the Governor `executive-receipt`
- **2017-03-10T07:00:00+00:00** Signed by the Speaker of the House
- **2017-03-10T07:00:00+00:00** Signed by the President of the Senate
- **2017-03-06T07:00:00+00:00** House Third Reading Passed - No Amendments `reading-3, passage`
- **2017-03-03T07:00:00+00:00** House Second Reading Passed - No Amendments `reading-2`
- **2017-02-28T07:00:00+00:00** House Committee on Business Affairs and Labor Refer Unamended to House Committee of the Whole `referral-committee, committee-passage`
- **2017-02-13T07:00:00+00:00** Introduced In House - Assigned to Business Affairs and Labor `introduction`
- **2017-02-10T07:00:00+00:00** Senate Third Reading Passed - No Amendments `reading-3, passage`
- **2017-02-09T07:00:00+00:00** Senate Second Reading Special Order - Passed - No Amendments
- **2017-02-07T07:00:00+00:00** Senate Committee on Business, Labor, & Technology Refer Unamended - Consent Calendar to Senate Committee of the Whole `committee-passage`
- **2017-01-27T07:00:00+00:00** Introduced In Senate - Assigned to Business, Labor, & Technology `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/15f3f21e-9245-4d9c-a9aa-b9ed3b568959`. Confidence: reported (aggregated from official Colorado legislature records).