To direct 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.

Amends the S.A.F.E. Mortgage Licensing Act of 2008 to direct the Attorney General to provide appropriate state officials responsible for regulating financial service providers or related businesses (in addition to state officials responsible for regulating state-licensed loan originators) with access to criminal history information to the extent that criminal history background checks are required under state law for the licensing of such parties.

[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5320 Introduced in House (IH)]

113th CONGRESS
  2d Session
                                H. R. 5320

 To direct 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.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 31, 2014

 Mr. Bachus (for himself, Mr. Sessions, and Ms. Moore) introduced the 
   following bill; which was referred to the Committee on Financial 
  Services, and in addition to the Committee on the Judiciary, for a 
 period to be subsequently determined by the Speaker, in each case for 
consideration of such provisions as fall within the jurisdiction of the 
                          committee concerned

_______________________________________________________________________

                                 A BILL


 
 To direct 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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. 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 after ``State-licensed loan originators'' 
        the following: ``, other financial service providers, or 
        related businesses''; and
            (2) by inserting before the period the following: ``, other 
        financial service providers, or persons working in related 
        businesses''.
                                 <all>