Legislation

Title: Housing and Community Development – Down Payment and Settlement Expense Loan Program – Homebuyer Education Requirements
Sponsored by: Senator McCray
Status: In the Senate - Hearing 2/27 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Altering homebuyer education requirements for a loan recipient in the Down Payment and Settlement Expense Loan Program in the Department of Housing and Community Development to require the loan recipient to take a homebuyer education course or complete online homebuyer education with a HUD-approved product and require the recipient to receive one-on-one counseling for at least 1 hour, in person or by phone; and requiring the Secretary of Housing and Community Development to make a certain annual report by December 31.

Committees

Original:: Education, Health, and Environmental Affairs Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB1099

Bill File Type: Regular

Effective Date(s): October 1, 2020

History

Legislation History
Chamber Senate Calendar Date 2/03/2020 Legislative Date 2/03/2020 Action First Reading Education, Health, and Environmental Affairs Proceedings
Chamber Senate Calendar Date 2/05/2020 Legislative Date 2/05/2020 Action Hearing 2/27 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Housing and Community Development – Down Payment and Settlement Expense Loan Program – Homebuyer Education Requirements Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/03/2020	2/03/2020	First Reading Education, Health, and Environmental Affairs
Senate	2/05/2020	2/05/2020	Hearing 2/27 at 1:00 p.m.
			Text - First - Housing and Community Development – Down Payment and Settlement Expense Loan Program – Homebuyer Education Requirements

File Code

Subjects

Statutes