Tennessee Housing Development Agency - As introduced, requires a county register to remit 20 percent of collected transfer and mortgage taxes to the agency for purposes of making low-interest and zero-interest construction loans to low-income persons who live in areas with a critical need for affordable housing. - Amends TCA Title 13, Chapter 23 and Title 67, Chapter 4.
  • Bill History
  • Amendments
  • Video
  • Summary
  • Fiscal Note
  • Votes
  • Actions For HB2525Date
    Sponsor(s) Added.02/26/2024
    Assigned to s/c Property & Planning Subcommittee02/01/2024
    P2C, ref. to Local Government Committee- Government Operations Committee02/01/2024
    Intro., P1C.01/31/2024
    Filed for introduction01/30/2024
    Actions For SB2289Date
    Passed on Second Consideration, refer to Senate State and Local Government Committee02/01/2024
    Introduced, Passed on First Consideration01/31/2024
    Filed for introduction01/30/2024
  • No amendments for HB2525.
    No amendments for SB2289.

  • Videos containing keyword: HB2525

  • Fiscal Summary

    Increase State Revenue – $80,184,000/FY24-25 and Subsequent Years/ Homebuyers’ Revolving Loan Fund Pool Decrease State Revenue – $80,184,000/FY24-25 and Subsequent Years/ General Fund Increase State Expenditures – $974,600/FY24-25 and Subsequent Years/ General Fund Other Fiscal Impact – The precise timing and amount of any loans issued, loan repayments collected, and additional interest revenue to the Homebuyers’ Revolving Loan Fund Pool, if any, are dependent on multiple unknown factors cannot be reasonably determined.


    Bill Summary

    Abstract summarizes the bill.

  • FiscalNote for HB2525/SB2289 filed under SB2289

  • House Floor and Committee Votes

    Votes for Bill HB2525 by the House are not available.

    Senate Floor and Committee Votes

    Votes for Bill SB2289 by the Senate are not available.