Bill Text: AZ SB1315 | 2024 | Fifty-sixth Legislature 2nd Regular | Introduced

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Bill Title: Appropriation; down payment assistance; interest.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced) 2024-01-31 - Senate read second time [SB1315 Detail]

Download: Arizona-2024-SB1315-Introduced.html

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REFERENCE TITLE: appropriation; down payment assistance; interest.

 

 

 

 

State of Arizona

Senate

Fifty-sixth Legislature

Second Regular Session

2024

 

 

 

SB 1315

 

Introduced by

Senators Miranda: Alston

 

 

 

 

 

 

 

 

An Act

 

appropriating monies to the Arizona department of housing.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1. Appropriation; Arizona department of housing; down payment or mortgage interest rate assistance

The sum of $5,000,000 is appropriated from the state general fund in fiscal year 2024-2025 to the Arizona department of housing to distribute to homebuyers in the form of down payment or mortgage interest rate assistance.