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SB 328: Low-income & Moderate-income Homeowners/Insurance [EPSC]

GENERAL BILL by Wilson

Low-income & Moderate-income Homeowners/Insurance [EPSC]; Provides for counties to establish a fund for providing no-interest loans to assist low-income and moderate-income homeowners in paying homeowners' insurance premiums. Authorizes the governing authority of a county to levy surtaxes on building-related permits to finance the assistance fund. Limits the amount a family may receive from the fund in any year. Requires that a loan be repaid if the homestead is sold or refinanced, etc.

Effective Date: 07/01/2009 except as otherwise provided
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Community Affairs
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    12/10/2008 Senate • Filed
    12/17/2008 Senate • Referred to Community Affairs; Banking and Insurance; Finance and Tax; Transportation and Economic Development Appropriations; Policy & Steering Committee on Ways and Means
    3/3/2009 Senate • Introduced, referred to Community Affairs; Banking and Insurance; Finance and Tax; Transportation and Economic Development Appropriations; Policy & Steering Committee on Ways and Means -SJ 00024
    5/2/2009 Senate • Indefinitely postponed and withdrawn from consideration; Died in Committee on Community Affairs

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  • SB 328, Original Filed Version (Current Bill Version) Posted 2/26/2009 at 5:44 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 229 Low-Income & Moderate-Income Homeowners Identical Last Action: 5/2/2009 H Indefinitely postponed and withdrawn from consideration; Died in Committee on Military & Local Affairs Policy (EDCA)
    Location:

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