SB195 Alabama 2014 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2014
Title
Housing Finance Authority, mortgage guarantee fund, use of funds for, alternative housing programs authorized under Home Buyers Initiative Act, guidelines, Sec. 24-1A-44 added; Sec. 24-1A-42 am'd.
Description
This bill would amend and supplement the Alabama Home Buyers Initiative Act in order to make the mortgage guarantee fund established by the act available for alternative housing programs
To amend Section 24-1A-42, Code of Alabama 1975, of the Alabama Home Buyers Initiative Act, and to add a new Section 24-1A-44 to the Code of Alabama 1975, in order to make the mortgage guarantee fund established by the Alabama Home Buyers Initiative Act available for alternative housing programs.
Subjects
Mortgages
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 1, 2014 | S | Banking and Insurance first Amendment Offered |
| April 1, 2014 | S | Indefinitely Postponed |
| January 22, 2014 | S | Reported from Banking and Insurance as Favorable with 1 amendment |
| January 15, 2014 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB195 Alabama 2014 Session - Introduced |