Amend CSSB 1074 by striking subsection (b) in SECTION 2 of the bill, proposed Section 156.201 (b), Finance Code (House Committee Report, page 8, lines 26-27, and page 9, lines 1-3), and adding the following: (b) An individual may not act or attempt to act as a loan officer unless the individual at the time is: (1) licensed under this chapter; (2) sponsored by a licensed mortgage broker and acting for the mortgage broker; or (3) exempt under Section 156.202.