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Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Community Affairs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
Last Action: 5/2/2009 Senate - Indefinitely postponed and withdrawn from consideration; Died in Committee on Community Affairs
Bill Text: Web Page | PDF
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• Indefinitely postponed and withdrawn from consideration; Died in Committee on Community Affairs |