Legislation

Title: Higher Education - Loan Repayment Program for Home Buyers in Distressed Areas - Establishment
Sponsored by: Delegates Stein, Rosenberg, Glenn, Kach, Lafferty, and M. Washington
Status: In the House - Unfavorable Report by Ways and Means
Analysis: Fiscal and Policy Note

Synopsis

Establishing the Loan Repayment Program for Home Buyers in Distressed Areas; requiring the Office of Student Financial Assistance to assist in the repayment of higher education loans owed by specified individuals who buy homes in distressed areas of the State; establishing requirements for an applicant to be eligible for the Program; requiring the Office to establish specified regulations; requiring the Governor to include, beginning in fiscal year 2016, a specified amount in the annual budget bill for the Program; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: SB0976

Bill File Type: Regular

Effective Date(s): October 1, 2014

Bill imposes a mandated appropriation in the annual State Budget Bill

History

Legislation History
Chamber House Calendar Date 1/22/2014 Legislative Date 1/23/2014 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/29/2014 Legislative Date 1/29/2014 Action Hearing 2/12 at 1:00 p.m. Proceedings
Chamber House Calendar Date 1/30/2014 Legislative Date 1/30/2014 Action Hearing cancelled Proceedings
Chamber House Calendar Date 2/12/2014 Legislative Date 2/12/2014 Action Hearing 3/05 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/14/2014 Legislative Date 3/15/2014 Action Unfavorable Report by Ways and Means Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/22/2014	1/23/2014	First Reading Ways and Means
House	1/29/2014	1/29/2014	Hearing 2/12 at 1:00 p.m.
House	1/30/2014	1/30/2014	Hearing cancelled
House	2/12/2014	2/12/2014	Hearing 3/05 at 1:00 p.m.
House	3/14/2014	3/15/2014	Unfavorable Report by Ways and Means

Documents

Date Posted	Document Name
1/23/2014	Text - First - Higher Education - Loan Repayment Program for Home Buyers in Distressed Areas - Establishment
3/15/2014	Vote - House - Committee - Ways and Means

File Code

Subjects

Statutes