The amendment changes the title of HB0081 to remove references to 'originator' and modifies specific sections of the bill text related to mortgage loan licensing exemptions.
Wyoming2025Inactive
HB0081
Exemptions from Mortgage Loan Licensing
Last scannedOct 24, 2026, 2:19 AM
In one sentence
The bill proposes to exempt individuals who provide up to five residential mortgage loans in a year without compensation or gain, other than interest paid under the loan.
What it does
- Adds a new paragraph (vii) to W.S. 40-23-105, which lists exemptions from mortgage loan licensing requirements.
- Allows a person to act as a mortgage lender without needing a license if they provide financing for no more than five residential loans in one year and do not receive compensation or gain other than interest paid under the loan.
Who it affects
- Individuals who provide mortgage loans without being compensated beyond receiving interest payments
- The Wyoming Department of Financial Institutions, which oversees licensing requirements
Limits and unknowns
- The bill does not specify how the exemption will be enforced or monitored.
- It is unclear if there are any penalties for individuals who misuse this exemption.
- The bill was marked as inactive and did not become law in its current session.
Plain language
Terms to know
- Exemption
- A rule that allows certain people or businesses to be excluded from following a specific law.
- Compensation or Gain
- Money or benefits received for providing services, excluding interest earned on loans.
Official record
Sources
Public statements
Why lawmakers voted
Last checked Aug 5, 2:10 AM
Couldn't find a published reason.
Wyoming roll calls
Recorded votes
3 roll calls
S09 - Minerals:Do Pass Failed 2-2-1-0-02025-02-24 · Senate2 yes 2 no
- Yes
- 2
- No
- 2
- Absent
- 0
- Excused
- 1
- Conflict
- 0
H 3rd Reading:Passed 59-0-3-0-02025-02-10 · House59 yes 0 no
- Yes
- 59
- No
- 0
- Absent
- 0
- Excused
- 3
- Conflict
- 0
Yes 59
Abby AngelosR · H03Andrew ByronR · H22Ann LucasR · H43Art WashutR · H36Bill AllemandR · H58Bob DavisR · H47Bob NicholasR · H07Chip NeimanR · H01Christopher KnappR · H53Clarence StyvarR · H12Cody WylieR · H39Dalton BanksR · H26Daniel SinghR · H61Darin McCannR · H48Elissa CampbellR · H56Gary BrownR · H41Ivan PoseyD · H33Jacob WasserburgerR · H11Jayme LienR · H38JD WilliamsR · H02Jeremy HaroldsonR · H04Joel GuggenmosR · H55Joe WebbR · H19John BearR · H31John C EklundH10J.T. LarsonR · H17Julie JarvisR · H57Karlee ProvenzaD · H45Ken ChestekD · H13Ken CloustonR · H32Ken PendergraftR · H29Kevin CampbellR · H62Landon BrownR · H09Laurie BrattenR · H51Lee FilerR · H44Liz StorerD · H23Lloyd LarsenR · H54Marilyn ConnollyR · H40Marlene BradyR · H60Martha LawleyR · H27McKay EricksonR · H21Mike SchmidR · H20Mike YinD · H16Nina WebberR · H24Ocean AndrewR · H46Pam ThayerR · H15Paul HoeftR · H25Pepper OttmanR · H34Rachel Rodriguez-WilliamsR · H50Robert WharffR · H49Rob GeringerR · H42Scott HeinerR · H18Scott SmithR · H05Steve HarshmanR · H37Steve JohnsonR · H08Tomi StrockR · H06Tom KellyR · H30Tony LockeR · H35Trey SherwoodD · H14
H07 - Corporations:Recommend Amend and Do Pass 8-1-0-0-02025-01-27 · House8 yes 1 no
- Yes
- 8
- No
- 1
- Absent
- 0
- Excused
- 0
- Conflict
- 0
Official activity
Bill history
- S:Died in Committee Returned Bill Pursuant to SR 5-4Senate
- S No report prior to CoW CutoffSenate
- S09 - Minerals:Do Pass Failed 2-2-1-0-0Senate
- S Introduced and Referred to S09 - MineralsSenate
- S Received for IntroductionSenate
- H 3rd Reading:Passed 59-0-3-0-0House
- H 2nd Reading:PassedHouse
- H COW:PassedHouse
- H Placed on General FileHouse
- H07 - Corporations:Recommend Amend and Do Pass 8-1-0-0-0House
- H Introduced and Referred to H07 - CorporationsHouse
- H Received for IntroductionHouse
- Bill Number AssignedLSO
Changes
Amendments
1 stored