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State Licensing Efficiency Act of 2015

S. 1957 · 114th Congress · Aug 5, 2015 · Lineage

A BILL

To require the Attorney General to provide State officials with access to criminal history information with respect to certain financial service providers required to undergo State criminal background checks, and for other purposes.

Section 1 Short title

This Act may be cited as the “State Licensing Efficiency Act of 2015”.

Sec. 2 Background checks

Section 1511(a) of the S.A.F.E. Mortgage Licensing Act of 2008 (12 U.S.C. 5110(a)) is amended—
(1)
by inserting “and other financial service providers” after “State-licensed loan originators”; and
(2)
by inserting “or other financial service providers” before the period at the end.