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Latest Update: Tuesday, October, 07th 2008
Companion Bill SB3535. Mortgages - Establishes the Homeowner's Emergency Mortgage Assistance Fund and delays foreclosure actions under specific circumstances. - Amends TCA Title 7; Title 13 and Title 45. Fiscal Summary for *HB2963 / SB3535Other Fiscal Impact - In order to implement the program as proposed, a minimum of $195,000,000 in state funds will need to be appropriated to the Homeowners Emergency Mortgage Assistance Fund. Such amount is assumed to be sufficient for start-up expenditures incurred by THDA to launch the program and for resolving current mortgagor delinquency. However, more will be required if future delinquency is taken into consideration. Bill Summary for *HB2963 / SB3535 This bill establishes the Homeowner's Emergency Mortgage Assistance Fund to provide mortgage assistance to eligible mortgagors. The assistance would be [...] show full description
- 05/16/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/20/2008
- 05/16/2008 - Assigned to Subcommittee Budget of FW&M
- 05/07/2008 - Recommended For Passage Referred to: Finance, Ways & Means Committee
- 04/30/2008 - Placed on Calendar Government Operations Committee for 05/07/2008
- 04/29/2008 - Recommended for Passage if Am. Referred to: Government Operations Committee
show all actions- 05/16/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/20/2008
- 05/16/2008 - Assigned to Subcommittee Budget of FW&M
- 05/07/2008 - Recommended For Passage Referred to: Finance, Ways & Means Committee
- 04/30/2008 - Placed on Calendar Government Operations Committee for 05/07/2008
- 04/29/2008 - Recommended for Passage if Am. Referred to: Government Operations Committee
- 04/23/2008 - Placed on Calendar State & Local Government Committee for 04/29/2008
- 04/15/2008 - Action Deferred in State & Local Government Committee to 4/29/2008
- 04/09/2008 - Placed on Calendar State & Local Government Committee for 04/15/2008
- 04/09/2008 - Recommended For Passage by Subcommittee Referred to State & Local Government Committee
- 04/02/2008 - Placed on Subcommittee Calendar State Government of S&LG for 04/09/2008
- 03/12/2008 - Action Deferred in Subcommittee State Government of S&LG to last calendar
- 03/05/2008 - Placed on Subcommittee Calendar State Government of S&LG for 03/12/2008
- 03/05/2008 - Action Deferred in Subcommittee State Government of S&LG to 3/12/2008
- 02/27/2008 - Placed on Subcommittee Calendar State Government of S&LG for 03/05/2008
- 02/27/2008 - Action Deferred in Subcommittee State Government of S&LG to 3/5/2008
- 02/20/2008 - Placed on Subcommittee Calendar State Government of S&LG for 02/27/2008
- 02/13/2008 - Assigned to Subcommittee State Government of S&LG
- 01/23/2008 - Passed second consideration, Referred to State & Local
- 01/17/2008 - Introduced, Passed first consideration
- 01/16/2008 - Filed for Introduction
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Fiscal Notes
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