Fabio
87 lines
5.0 KiB
Markdown
87 lines
5.0 KiB
Markdown
---
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type: "Bill"
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title: "Mortgage brokers; dual compensation."
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description: "Mortgage brokers; dual compensation. Removes provisions prohibiting a person from acting as a mortgage broker in connection with any real estate sales transaction in which such person has acted as a real estate broker or real estate salesperson and has received or will receive compensation in connection with such transaction. The bill provides that if a mortgage broker negotiates, places, or finds a mortgage loan and acts as a real estate broker or real estate salesperson in connection with the sale of the real estate that secures such loan, the mortgage broker is required to conspicuously provide to the borrower a written disclosure at the time the mortgage broker services are first offered to the borrower. This bill is identical to SB 303."
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jurisdiction: "us/states/va"
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legislature: "Virginia General Assembly"
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session: "2022"
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identifier: "HB 1153"
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citation: "Virginia HB 1153 (2022)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["R. Lee Ware"]
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version_count: 3
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action_count: 23
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vote_count: 6
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first_action: "2022-01-14"
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last_action: "2022-04-11"
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source: "openstates"
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source_identifier: "ocd-bill/dbb8b19f-ecc1-4268-9dde-e9081a3fbe0e"
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source_url: "https://lis.virginia.gov/cgi-bin/legp604.exe?221+sum+HB1153"
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source_hash: "ba773a10ce32cc4a70a7ede08fbcf607fe6cbe2459cc0a3b116715373bc932e9"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-va"]
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---
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# Virginia HB 1153 (2022) — Mortgage brokers; dual compensation.
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Mortgage brokers; dual compensation. Removes provisions prohibiting a person from acting as a mortgage broker in connection with any real estate sales transaction in which such person has acted as a real estate broker or real estate salesperson and has received or will receive compensation in connection with such transaction. The bill provides that if a mortgage broker negotiates, places, or finds a mortgage loan and acts as a real estate broker or real estate salesperson in connection with the sale of the real estate that secures such loan, the mortgage broker is required to conspicuously provide to the borrower a written disclosure at the time the mortgage broker services are first offered to the borrower. This bill is identical to SB 303.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **CHAP0400** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+CHAP0400)
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2. **HB1153ER** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB1153ER)
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3. **Presented and ordered printed 22104174D** (committee substitute) — [source](https://lis.virginia.gov/cgi-bin/legp604.exe?221+ful+HB1153)
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## Votes
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- Subcommittee recommends reporting (8-Y 0-N) — **8–0** (pass) · lower
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- Passed Senate (40-Y 0-N) — **40–0** (pass) · upper
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- Constitutional reading dispensed (40-Y 0-N) — **40–0** (pass) · upper
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- Reported from Commerce and Energy (22-Y 0-N) — **22–0** (pass) · lower
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- Reported from Commerce and Labor (15-Y 0-N) — **15–0** (pass) · upper
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- VOTE: Block Vote Passage (99-Y 0-N) — **98–0** (pass) · lower
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## Sponsors
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- R. Lee Ware — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2022-01-14** Presented and ordered printed 22104174D `introduction`
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- **2022-01-14** Referred to Committee on Commerce and Energy `referral-committee`
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- **2022-01-25** Impact statement from SCC (HB1153)
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- **2022-01-31** Assigned sub: Subcommittee #1 `referral-committee`
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- **2022-02-01** Subcommittee recommends reporting (8-Y 0-N)
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- **2022-02-03** Reported from Commerce and Energy (22-Y 0-N) `committee-passage`
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- **2022-02-07** Read first time `reading-1`
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- **2022-02-08** Read second time and engrossed `reading-2`
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- **2022-02-09** Read third time and passed House BLOCK VOTE (99-Y 0-N) `passage, reading-3`
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- **2022-02-09** VOTE: Block Vote Passage (99-Y 0-N)
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- **2022-02-10** Constitutional reading dispensed
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- **2022-02-10** Referred to Committee on Commerce and Labor `referral-committee`
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- **2022-02-21** Reported from Commerce and Labor (15-Y 0-N) `committee-passage`
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- **2022-02-23** Constitutional reading dispensed (40-Y 0-N)
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- **2022-02-24** Read third time `reading-3`
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- **2022-02-24** Passed Senate (40-Y 0-N) `passage`
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- **2022-02-28** Enrolled
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- **2022-02-28** Impact statement from SCC (HB1153ER)
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- **2022-02-28** Signed by Speaker
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- **2022-02-28** Signed by President
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- **2022-03-11** Enrolled Bill communicated to Governor on March 11, 2022
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- **2022-03-11** Governor's Action Deadline 11:59 p.m., April 11, 2022
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- **2022-04-11** Approved by Governor-Chapter 400 (effective 7/1/22) `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/dbb8b19f-ecc1-4268-9dde-e9081a3fbe0e`. Confidence: reported (aggregated from official Virginia legislature records).
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