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AB313Introduced in the Assembly

The minimum net worth requirement for licensed mortgage brokers.

Failed

Introduced by Robert Brooks, District 59

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

An Act to amend 224.72 (4) (b) of the statutes; Relating to: the minimum net worth requirement for licensed mortgage brokers.

Where it stands

Failed to pass pursuant to Senate Joint Resolution 1

March 23, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Introduced

  2. Read first time and referred to Committee on Financial Institutions

  3. Public hearing held

  4. Executive action taken

  5. Report passage recommended by Committee on Financial Institutions, Ayes 5, Noes 3

  6. Referred to committee on Rules

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

  8. Representative Prado withdrawn as a coauthor

  9. Laid on the table

  10. Failed to pass pursuant to Senate Joint Resolution 1

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