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Legislation


2007 Regular Session

HOUSE BILL 1284

File Code: Real Property Crossfiled with: SENATE BILL 883
Sponsored By:
Delegates McHale, Anderson, Carter, Conaway, Hammen, Harrison, Haynes, Kirk, Krysiak, McIntosh, Oaks, Robinson, Rosenberg, Stukes, and Tarrant
Entitled:
Ground Leases - Redemption - Preferred Interest Rate Loans

Synopsis:

Altering the purposes of the Maryland Home Financing Program to include making preferred interest rate loans for the redemption of ground leases; authorizing the terms of loans that are set by the Department of Housing and Community Development under the Program to include deferred payments on principal and interest; exempting loans made under the Act from specified income limits; requiring an applicant for a loan under the Act to meet specified qualifications; etc.

History by Legislative and Calendar Date

House Action
2/23
First Reading House Rules and Executive Nominations
2/26
Re-referred Environmental Matters
2/27
Hearing 3/15 at 1:00 p.m.
3/1
Hearing cancelled
Hearing 3/8 at 1:00 p.m.
3/16
Favorable with Amendments Report by Environmental Matters
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/17
Third Reading Passed (137-0)
4/5
House Concur - Senate Amendments
Third Reading Passed (138-0)
Passed Enrolled
Senate Action
3/21
First Reading Education Health and Environmental Affairs
4/6
Favorable with Amendments Report by Education Health and Environmental Affairs
4/2
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/3
Third Reading Passed with Amendments (47-0)
Action after passage in House and Senate
5/8
Approved by the Governor
- Chapter 293

Sponsored by:

Delegate Brian K. McHale, District 46
Delegate Curt Anderson, District 43
Delegate Jill P. Carter, District 41
Delegate Frank M. Conaway, Jr., District 40
Delegate Peter A. Hammen, District 46
Delegate Hattie N. Harrison, District 45
Delegate Keith E. Haynes, District 44
Delegate Ruth M. Kirk, District 44
Delegate Carolyn J. Krysiak, District 46
Delegate Maggie McIntosh, District 43
Delegate Nathaniel T. Oaks, District 41
Delegate Barbara Robinson, District 40
Delegate Samuel I. Rosenberg, District 41
Delegate Melvin Stukes, District 44
Delegate Shawn Z. Tarrant, District 40

Bill indexed under the following Subjects:

Housing and Community Development, Department of
Landlord and Tenant -see also- Eviction; Leases & Rent; etc.
Leases and Rent
Loans -see also- Mortgages
Real Property

Bill affects the following Statutes:

Housing and Community Development
( 4-804 , 4-806 , 4-807 , 4-810 , 4-815 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled, Chapter
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments (Displayed in PDF Format):
House
Number: 490713/01     Offered on: March 16, 2007   at: 11:42 a.m.     Status: Adopted
Senate
Number: 344836/01     Offered on: April 6, 2007   at: 4:19 p.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 17, 2007: Third Reading Passed (137-0)
April 5, 2007: Third Reading Passed (138-0)
Senate
April 3, 2007: Third Reading Passed (47-0)
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