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HOUSE CONCURRENT RESOLUTION NO. 15

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Daily Data Tracking History

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HCR015..........................................................by BUSINESS
FINANCE DEPARTMENT - RULES - States findings of the Legislature and rejects
Department of Finance rules relating to the Idaho Residential Mortgage
Practices Act.

02/10    House intro - 1st rdg - to printing
02/11    Rpt prt - to Bus

Bill Text

HCR015


                                                                        
 ||||              LEGISLATURE OF THE STATE OF IDAHO             ||||
Fifty-fifth Legislature                 First Regular Session - 1999
                                                                        

                             IN THE HOUSE OF REPRESENTATIVES

                            HOUSE CONCURRENT RESOLUTION NO. 15

                                  BY BUSINESS COMMITTEE

 1                               A CONCURRENT RESOLUTION
 2    STATING FINDINGS OF THE LEGISLATURE AND REJECTING CERTAIN RULES OF THE DEPART-
 3        MENT OF FINANCE RELATING TO THE IDAHO RESIDENTIAL MORTGAGE PRACTICES ACT.

 4    Be It Resolved by the Legislature of the State of Idaho:

 5        WHEREAS, the Legislature is vested  with  authority  to  reject  executive
 6    agency rules under the provisions of Section 67-5291, Idaho Code, in the event
 7    that  the Legislature finds that the rules are not consistent with legislative
 8    intent; and
 9        WHEREAS, it is the finding of the Legislature that certain  rules  of  the
10    Department of Finance relating to the Idaho Residential Mortgage Practices Act
11    are not consistent with legislative intent and should be rejected.
12        NOW, THEREFORE, BE IT RESOLVED by the members of the First Regular Session
13    of  the  Fifty-fifth  Idaho  Legislature, the House of Representatives and the
14    Senate concurring therein, that IDAPA 12.01.10, the entire chapter,  including
15    all  sections  and  subsections  therein,  rules  of the Department of Finance
16    relating to the Idaho Residential Mortgage Practices Act, adopted as a pending
17    rule under Docket Number 12-0110-9801, be, and the same is hereby rejected and
18    declared null, void and of no force and effect.

Statement of Purpose / Fiscal Impact

                       STATEMENT OF PURPOSE

                             RS 08872

This concurrent resolution would reject certain pending rules of
the Department of Finance relating to the Idaho Residential
Mortgage Practices Act. The effect of this resolution, if adopted
by both houses, would be to prevent those agency rules from going
into effect.






                           FISCAL NOTE

This resolution has no fiscal impact.

        Contact:  Rep. W.O. "Bill" Taylor, Chairman
                  House Business Committee
                  332-1139
        
                                             STATEMENT OF PURPOSE/FISCAL NOTE HCR 15