Virginia Housing Development Authority; mortgage credit certificates. (HB558)
Introduced By
Del. Danny Marshall (R-Danville)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Housing Development Authority; mortgage credit certificates. Permits the Virginia Housing Development Authority to use its bond authority to issue mortgage credit certificates. An emergency exists and this act is in force from its passage. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/10/2012 | Committee |
01/10/2012 | Prefiled and ordered printed with emergency clause; offered 01/11/12 12101676D |
01/10/2012 | Referred to Committee on General Laws |
01/13/2012 | Assigned GL sub: #1 Housing |
01/18/2012 | Subcommittee recommends reporting (7-Y 0-N) |
01/19/2012 | Reported from General Laws (22-Y 0-N) (see vote tally) |
01/20/2012 | Impact statement from DPB (HB558) |
01/23/2012 | Read first time |
01/24/2012 | Read second time and engrossed |
01/25/2012 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
01/25/2012 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
01/25/2012 | Reconsideration of passage agreed to by House |
01/25/2012 | Passed House BLOCK VOTE (99-Y 0-N) |
01/25/2012 | VOTE: PASSAGE #2 (99-Y 0-N) (see vote tally) |
01/26/2012 | Constitutional reading dispensed |
01/26/2012 | Referred to Committee on General Laws and Technology |
02/20/2012 | Reported from General Laws and Technology (15-Y 0-N) (see vote tally) |
02/22/2012 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/23/2012 | Read third time |
02/23/2012 | Passed Senate (40-Y 0-N) (see vote tally) |
02/29/2012 | Enrolled |
02/29/2012 | Bill text as passed House and Senate (HB558ER) |
02/29/2012 | Impact statement from DPB (HB558ER) |
02/29/2012 | Signed by Speaker |
03/01/2012 | Signed by President |
03/13/2012 | G Approved by Governor-Chapter 239 (effective 3/13/12) |
03/13/2012 | G Acts of Assembly Chapter text (CHAP0239) |
Comments
The Virginia Housing Coalition supports this bill. It will give VHDA the flexibility to use mortgage credit certificates if has excess bonding authority. Without this flexibility, we might lose this affordable housing resource in Virginia.
The Virginia Housing Coalition supports this bill.