BILL · 2021–22 SESSION

HB 2098: Home rehab. loan program

Modifying the interest rate for the low-income home rehabilitation revolving loan program.

Summary

  • Modifies the low-income home rehabilitation loan program interest rate to the lesser of the rate of inflation or 1.5 percent, as applied to all program loans issued on January 1, 2022, and thereafter.

From the Senate Bill Report (HB 2098), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 26, 2022
  2. Out of committeeFeb 7, 2022
  3. Passed HouseFeb 9, 2022
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Sharon Shewmake (D-42)
Introduced
January 26, 2022 in the House
Last action
March 10, 2022
Budget
Has a fiscal note

AN ACT Relating to modifying the interest rate for the low-income home rehabilitation revolving loan program;

Sponsors

Prime sponsor: Sharon Shewmake (D-42)

3 co-sponsors (2 Democrats, 1 Republican)

Votes

House · 3rd Reading & Final Passage

Passed February 9, 2022
Version voted on: HB 2098
95 Yea 1 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat57000
Republican38102
How each member voted

Yea (95)

Nay (1)

Excused (2)

History

  1. By resolution, returned to House Rules Committee for third reading.
  2. Passed to Rules Committee for second reading.
  3. WM - Majority; do pass.
  4. Referred to Ways & Means.
  5. And refer to Ways & Means.
  6. HLG - Majority; do pass.
  7. First reading, referred to Housing & Local Government.
  8. Third reading, passed; yeas, 95; nays, 1; absent, 0; excused, 2.
  9. Rules suspended. Placed on Third Reading.
  10. Rules Committee relieved of further consideration. Placed on second reading.
  11. Referred to Rules 2 Review.
  12. CB - Majority; do pass.
  13. CB - Executive action taken by committee.
  14. First reading, referred to Capital Budget.

HB 2098 in other sessions

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

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