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SB315 • 2025

the minimum net worth requirement for licensed mortgage brokers

the minimum net worth requirement for licensed mortgage brokers

Vetoed

The latest official action shows the governor vetoed this bill. Check the bill history to see whether lawmakers later overrode that veto.

Sponsor
Senators Stafsholt and Kapenga, cosponsored by Representatives Brooks, Franklin, Goodwin, Green, Knodl, Kreibich, O'Connor and Piwowarczyk
Last action
2026-03-20
Official status
S - Vetoed
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2026-03-20 Sen.

    Report vetoed by the Governor on 3-20-2026

  2. 2026-03-18 Sen.

    Presented to the Governor on 3-18-2026

  3. 2026-01-15 Sen.

    Representative Stubbs withdrawn as a cosponsor

  4. 2026-01-15 Sen.

    Report correctly enrolled

  5. 2026-01-14 Sen.

    Received from Assembly concurred in

  6. 2026-01-13 Asm.

    Rules suspended to withdraw from calendar and take up

  7. 2026-01-13 Asm.

    Representative Stubbs added as a cosponsor

  8. 2026-01-13 Asm.

    Read a second time

  9. 2026-01-13 Asm.

    Ordered to a third reading

  10. 2026-01-13 Asm.

    Rules suspended

  11. 2026-01-13 Asm.

    Read a third time and concurred in

  12. 2026-01-13 Asm.

    Ordered immediately messaged

  13. 2026-01-08 Asm.

    Placed on calendar 1-13-2026 by Committee on Rules

  14. 2026-01-07 Asm.

    Read first time and referred to committee on Rules

  15. 2025-10-14 Sen.

    Read a second time

  16. 2025-10-14 Sen.

    Ordered to a third reading

  17. 2025-10-14 Sen.

    Rules suspended to give bill its third reading

  18. 2025-10-14 Sen.

    Read a third time and passed

  19. 2025-10-14 Sen.

    Ordered immediately messaged

  20. 2025-10-14 Asm.

    Received from Senate

  21. 2025-10-13 Sen.

    Placed on calendar 10-14-2025 pursuant to Senate Rule 18(1)

  22. 2025-09-23 Sen.

    Executive action taken

  23. 2025-09-23 Sen.

    Report passage recommended by Committee on Financial Institutions and Sporting Heritage , Ayes 3, Noes 2

  24. 2025-09-23 Sen.

    Available for scheduling

  25. 2025-09-16 Sen.

    Public hearing held

  26. 2025-06-06 Sen.

    Introduced by Senators Stafsholt and Kapenga ; cosponsored by Representatives Brooks , Franklin , Goodwin , Green , Knodl , Kreibich , O'Connor and Piwowarczyk

  27. 2025-06-06 Sen.

    Read first time and referred to Committee on Financial Institutions and Sporting Heritage

Official Summary Text

the minimum net worth requirement for licensed mortgage brokers
Status: S - Vetoed