l9n/ Mississippi

2010 Regular Session

House Bill 1312

Homebuyer Assistance Program; establish to provide loan for down payment/closing cost, to be repaid with federal tax credit.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on February 2, 2010. The 2010 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO ESTABLISH THE FIRST-TIME HOMEBUYER CREDIT DOWN PAYMENT/CLOSING COST LOAN ASSISTANCE PROGRAM, WHICH SHALL BE ADMINISTERED BY THE MISSISSIPPI DEVELOPMENT AUTHORITY; TO PROVIDE THAT UNDER THE PROGRAM, A FIRST-TIME HOMEBUYER WHO IS ELIGIBLE FOR THE FEDERAL FIRST-TIME HOMEBUYER TAX CREDIT MAY RECEIVE A SECOND MORTGAGE LOAN FROM THE MISSISSIPPI DEVELOPMENT AUTHORITY FOR ASSISTANCE WITH DOWN PAYMENT AND CLOSING COSTS IN CONNECTION WITH A FIRST MORTGAGE LOAN; TO PROVIDE THAT THE SECOND MORTGAGE LOAN WILL BE REPAID WITH THE FUNDS THAT THE BUYER WILL RECEIVE FROM THE FEDERAL GOVERNMENT FROM THE TAX CREDIT; TO DIRECT THE MISSISSIPPI DEVELOPMENT AUTHORITY TO PROMULGATE RULES AND REGULATIONS REGARDING THE TERMS OF THE PROGRAM; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

Its course

January 18 to February 2, 2010, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action2 actions on 2 days

In the House of RepresentativesJan 18 to Feb 2 · stopped15 days

Ways and MeansJan 18 to Feb 2 · stopped15 days

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the House of Representatives Jan 18 – Feb 2

  1. Jan 18Referred to the House committee on Ways and Means
  2. Feb 2Died in committee in the House
All 2 actions, as published
  1. Jan 18Referred To Ways and MeansHouse of Representatives
  2. Feb 2Died In CommitteeHouse of Representatives