Construction loans by banks; removes an obsolete reference. (HB1077)
Introduced By
Del. Allen Dudley (R-Rocky Mount)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Construction loans by banks. Removes an obsolete reference to the maximum 40-year and two-month amortization period for loans secured by real estate. The requirement for minimum amortization periods in real estate loans was repealed in 2005. Read the Bill »
Status
03/30/2006: signed by governor
History
| Date | Action |
|---|---|
| 01/11/2006 | Prefiled and ordered printed; offered 01/11/06 066644298 |
| 01/11/2006 | Referred to Committee on Commerce and Labor |
| 01/19/2006 | Reported from Commerce and Labor (22-Y 0-N) |
| 01/23/2006 | Read first time |
| 01/24/2006 | Read second time and engrossed |
| 01/25/2006 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
| 01/25/2006 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) |
| 01/25/2006 | Communicated to Senate |
| 01/26/2006 | Constitutional reading dispensed |
| 01/26/2006 | Referred to Committee on Commerce and Labor |
| 02/20/2006 | Reported from Commerce and Labor (14-Y 0-N) |
| 02/22/2006 | Constitutional reading dispensed (39-Y 0-N) |
| 02/22/2006 | VOTE: (39-Y 0-N) |
| 02/23/2006 | Read third time |
| 02/23/2006 | Passed Senate (40-Y 0-N) |
| 02/23/2006 | VOTE: (40-Y 0-N) |
| 02/28/2006 | Enrolled |
| 03/01/2006 | Bill text as passed House and Senate (HB1077ER) |
| 03/01/2006 | Signed by Speaker |
| 03/02/2006 | Signed by President |
| 03/30/2006 | G Approved by Governor-Chapter 273 (effective 7/1/06) |
| 04/04/2006 | G Acts of Assembly Chapter text (CHAP0273) |