Virginia Housing Development Authority; powers. (HB557)
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; powers. Authorizes the Virginia Housing Development Authority (VHDA) to provide the requisite indemnifications for the Federal National Mortgage Association (Fannie Mae) as well as for any other transactions requiring indemnification. The bill provides that indemnification (i) shall be provided solely from funds of VHDA and (ii) shall not be a debt or obligation of the Commonwealth and the Commonwealth shall not be liable for the indemnification. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/10/2012 | Committee |
01/10/2012 | Prefiled and ordered printed; offered 01/11/12 12101679D |
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 (HB557) |
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 (HB557ER) |
02/29/2012 | Impact statement from DPB (HB557ER) |
02/29/2012 | Signed by Speaker |
03/01/2012 | Signed by President |
03/13/2012 | G Approved by Governor-Chapter 238 (effective 7/1/12) |
03/13/2012 | G Acts of Assembly Chapter text (CHAP0238) |
Comments
The Virginia Housing Coalition supports this bill.