VHDA Act; terms and conditions of purchases from and sales to lenders of mortgage loans. (HB1887)

Introduced By

Del. David Bulova (D-Fairfax)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Virginia Housing Development Authority Act; terms and conditions of purchases from and sales to mortgage lenders of mortgage loans. Removes requirement that a lender reinvest sales proceeds and make certification of prudent investment in the case of single family loans that when made by the lender will be purchased by a housing development authority. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2011Committee
01/11/2011Prefiled and ordered printed; offered 01/12/11 11101369D
01/11/2011Referred to Committee on General Laws
01/17/2011Assigned GL sub: #1 Housing
01/19/2011Subcommittee recommends reporting with amendment(s) (7-Y 0-N)
01/20/2011Reported from General Laws with amendment (22-Y 0-N) (see vote tally)
01/21/2011Impact statement from DPB (HB1887)
01/24/2011Read first time
01/25/2011Read second time
01/25/2011Committee amendment agreed to
01/25/2011Emergency clause added
01/25/2011Engrossed by House as amended HB1887E
01/25/2011Printed as engrossed 11101369D-E
01/26/2011Read third time and passed House BLOCK VOTE (99-Y 0-N)
01/26/2011VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
01/27/2011Constitutional reading dispensed
01/27/2011Referred to Committee on General Laws and Technology
01/28/2011Impact statement from DPB (HB1887E)
02/09/2011Reported from General Laws and Technology (11-Y 0-N) (see vote tally)
02/11/2011Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/14/2011Read third time
02/14/2011Passed Senate (40-Y 0-N) (see vote tally)
02/17/2011Enrolled
02/17/2011Bill text as passed House and Senate (HB1887ER)
02/17/2011Impact statement from DPB (HB1887ER)
02/17/2011Signed by Speaker
02/20/2011Signed by President
03/16/2011G Approved by Governor-Chapter 218 (effective 3/16/11)
03/16/2011G Acts of Assembly Chapter text (CHAP0218)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 30 seconds.