BILL · 1995–96 SESSION · LATEST VERSION SSB 5884

SB 5884: Housing financing terms

Enforcing financing terms by the housing finance commission.

Summary

  • The commission is given authority to impose covenants that run with the land in order to satisfy and enforce requirements of applicable state and federal law and commission policy. These regulatory covenants are enforceable against successor owners of the housing or other facility, even though there may be no privity of contract or estate between the commission and the successor owner.

From the Substitute Senate Bill Report (SSB 5884), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed Senate, stalled in House
  1. IntroducedFeb 13, 1995
  2. Out of committee
  3. Passed SenateMar 14, 1995
  4. Passed Housestopped here
  5. Governor
  6. Law
Prime sponsor
Margarita Prentice (D-11)
Introduced
February 13, 1995 in the Senate
Last action
January 8, 1996
Requested by
Other
Versions
SB 5884, SSB 5884

Sponsors

Prime sponsor: Margarita Prentice (D-11)

4 co-sponsors (3 Democrats, 1 Republican)

Votes

Senate · Final Passage

March 14, 1995
Version voted on: SSB 5884
45 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat22003
Republican23001
How each member voted

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

SB 5884 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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