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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Mortgage loan originators: educational requirements. The California Finance Lenders Law and the California Residential Mortgage Lending Act define a mortgage loan originator as an individual who takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan for compensation or gain. These laws require that mortgage loan originators be appropriately licensed and fulfill certain educational and other requirements. us/states/ca California Legislature 20132014 SB 1459 California SB 1459 (20132014)
bill
Mortgage loan originators: educational requirements.
enacted
Committee on Banking and Financial Institutions
6 21 5 2014-02-25 2014-07-10 openstates ocd-bill/84f87480-0589-4db5-956c-518a6a6d15c0 http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201320140SB1459 b8cb75117857b378c01ba9fdf4ac6ae669e8a74ea4ac36d4f2cb53d3a21f6c6c 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-ca

California SB 1459 (20132014) — Mortgage loan originators: educational requirements.

The California Finance Lenders Law and the California Residential Mortgage Lending Act define a mortgage loan originator as an individual who takes a residential mortgage loan application or offers or negotiates terms of a residential mortgage loan for compensation or gain. These laws require that mortgage loan originators be appropriately licensed and fulfill certain educational and other requirements.

Version chain

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

  1. 02/25/14 - Introduced (filed) — source
  2. 03/28/14 - Amended Senate (committee substitute) — source
  3. 04/21/14 - Amended Senate (committee substitute) — source
  4. 07/10/14 - Chaptered (committee substitute) — source
  5. SB1459 (committee substitute) — source
  6. 06/26/14 - Enrolled (enrolled) — source

Votes

  • Do pass, to Consent Calendar. — 150 (pass) · lower
  • Do pass, but re-refer to the Committee on Appropriations Recommend Consent. — 90 (pass) · upper
  • Do pass and re-refer to Committee on Appropriations with recommendation: To Consent Calendar. — 120 (pass) · lower
  • Consent Calendar 2nd SB1459 Committee on B. & F.I. — 360 (pass) · upper
  • SB 1459 B.&.F.I. Consent Calendar Second Day — 760 (pass) · lower

Sponsors

  • Committee on Banking and Financial Institutions — primary (person)

Timeline

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

  • 2014-02-25 Introduced. Read first time. To Com. on RLS. for assignment. To print. reading-1, introduction
  • 2014-02-26 From printer. May be acted upon on or after March 28.
  • 2014-03-17 Referred to Com. on B. & F.I. referral-committee
  • 2014-03-28 From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I. committee-passage, amendment-passage, reading-2, reading-1, referral-committee
  • 2014-04-11 Set for hearing April 30.
  • 2014-04-21 From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I. committee-passage, amendment-passage, reading-2, reading-1, referral-committee
  • 2014-04-30 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 9. Noes 0. Page 3308.) (April 30). Re-referred to Com. on APPR. committee-passage-favorable, referral-committee, committee-passage
  • 2014-05-02 Set for hearing May 12.
  • 2014-05-12 From committee: Be placed on second reading file pursuant to Senate Rule 28.8 and ordered to consent calendar. committee-passage
  • 2014-05-13 Read second time. Ordered to consent calendar. reading-2, reading-1
  • 2014-05-15 Read third time. Passed. (Ayes 36. Noes 0. Page 3467.) Ordered to the Assembly. reading-3, reading-1, passage
  • 2014-05-15 In Assembly. Read first time. Held at Desk. reading-1
  • 2014-05-23 Referred to Com. on B. & F. referral-committee
  • 2014-06-10 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 12. Noes 0.) (June 9). Re-referred to Com. on APPR. committee-passage-favorable, referral-committee, committee-passage
  • 2014-06-18 From committee: Do pass. Ordered to consent calendar. (Ayes 15. Noes 0.) (June 18). committee-passage-favorable, committee-passage
  • 2014-06-19 Read second time. Ordered to consent calendar. reading-2, reading-1
  • 2014-06-26 Read third time. Passed. (Ayes 76. Noes 0. Page 5706.) Ordered to the Senate. reading-3, reading-1, passage
  • 2014-06-26 In Senate. Ordered to engrossing and enrolling.
  • 2014-06-30 Enrolled and presented to the Governor at 3:30 p.m.
  • 2014-07-10 Approved by the Governor. executive-signature
  • 2014-07-10 Chaptered by Secretary of State. Chapter 123, Statutes of 2014.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/84f87480-0589-4db5-956c-518a6a6d15c0. Confidence: reported (aggregated from official California legislature records).