Wyoming legislation · 2025 General Session
Wyoming HB81: Regulatory reduction-mortgage loan licensing.
Status: Failed, March 3, 2025
AN ACT relating to trade and commerce; providing exemptions from mortgage loan licensing requirements; and providing for an effective date.
What the bill says
An act relating to trade and commerce; providing exemptions from mortgage loan licensing requirements; and providing for an effective date.
From the introduced text:
AN ACT relating to trade and commerce; providing exemptions from mortgage loan licensing requirements; and providing for an effective date. Section 1. W.S. 40‐23‐105(a) by creating a new paragraph (vii) is amended to read: 40‐23‐105. Exemptions from license requirements. (a) The provisions of this act do not apply to: (vii) A person who acts as or engages in the business of a mortgage lender, without compensation or gain, by providing loan financing for not more than five (5) residential mortgage loans in any twelve (12) month period. For purposes of this exemption, "compensation or gain" shall exclude any interest paid under the loan financing provided. Section 2. This act is effective July 1, 2025. (END) 1 HB0081
Sponsors
- Byron, Andrew (R, H22)
- Storer, Liz (D, H23)
- Joseph Webb (R, H19)
- Michael Yin (D, H16) · primary sponsor
- Gierau, Mike (D, S17)
Latest actions
- : S:Died in Committee Returned Bill Pursuant to SR 5-4
- : S No report prior to CoW Cutoff
- : S09 - Minerals:Do Pass Failed 2-2-1-0-0
- : S Introduced and Referred to S09 - Minerals
- : H 3rd Reading:Passed 59-0-3-0-0
- : S Received for Introduction
- : H 2nd Reading:Passed
- : H COW:Passed
- : H07 - Corporations:Recommend Amend and Do Pass 8-1-0-0-0
- : H Placed on General File
Votes
- S 3rd Reading:Passed 29-2-0-0-0 (February 24, 2025): 29 yea, 2 nay, passed
- Amendment adopted 22-9-0-0-0 (February 10, 2025): 22 yea, 9 nay, passed
- Amendment failed 15-16-0-0-0 (January 27, 2025): 15 yea, 16 nay, failed
Subjects: Regulatory reduction-mortgage loan licensing.
Common questions
- What is HB81?
- HB81 is a bill in the Wyoming Legislature (2025 General Session): Regulatory reduction-mortgage loan licensing.
- What does HB81 do?
- In its own words: An act relating to trade and commerce; providing exemptions from mortgage loan licensing requirements; and providing for an effective date.
- What is the status of HB81?
- Failed as of March 3, 2025. Latest action: S:Died in Committee Returned Bill Pursuant to SR 5-4 (March 3, 2025).
- Who sponsored HB81?
- Michael Yin (D, H16), with 4 co-sponsors.
- Where is the official record for HB81?
- On the Wyoming Legislature website: https://wyoleg.gov/Legislation/2025/HB0081
Source: official Wyoming record. Tracked by Delilah, AI for legislation across all 50 states and Congress.