BILL · 2001–02 SESSION
SB 6620: Housing loan reserve program
Creating the housing loan reserve program.
Summary
- Finds that low and moderate-income homebuyers may not be eligible for loans under traditional standards used by banks and often borrow from subprime lenders at terms that are disadvantageous to them and are not justified by the slight increase in risk they might represent to a lender.
From the Bill Digest (SB 6620), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 23, 2002
- Out of committeestopped here
- Passed Senate
- Passed House
- Governor
- Law
- Prime sponsor
- Georgia Gardner (D-42)
- Introduced
- January 23, 2002 in the Senate
- Last action
- January 23, 2002
AN ACT Relating to local development;
Sponsors
Prime sponsor: Georgia Gardner (D-42)
3 co-sponsors (2 Democrats, 1 Republican)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
- First reading, referred to Labor, Commerce & Financial Institutions.
SB 6620 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6620 (2019–20) Unemployment insur./location
- SB 6620 (2017–18) School security
- SB 6620 (2015–16) School safety
- SB 6620 (2011–12) Human services T.O.
- SB 6620 (2009–10) School district flexibility
- SB 6620 (2007–08) Biological remediation tech
- SB 6620 (2005–06) Academic achievement cert
- SB 6620 (2003–04) Real estate excise tax