MD HB1099 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 6 2020 - 25% progression
Action: 2020-02-07 - Hearing 2/25 at 1:00 p.m.
Pending: House Environment and Transportation Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Altering certain homebuyer education requirements for a loan recipient in the Down Payment and Settlement Expense Loan Program in the Department of Housing and Community Development to require the loan recipient to take a homebuyer education course or complete online homebuyer education with a HUD-approved product and require the recipient to receive one-on-one counseling for a least 1 hour, in person or by phone before signing a contract for property; and requiring the Secretary to make a certain annual report by December 1.

Tracking Information

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Title

Housing and Community Development - Down Payment and Settlement Expense Loan Program - Homebuyer Education Requirements

Sponsors


History

DateChamberAction
2020-02-07HouseHearing 2/25 at 1:00 p.m.
2020-02-06HouseFirst Reading Environment and Transportation

Same As/Similar To

SB822 (Crossfiled) 2020-02-05 - Hearing 2/27 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Housing and Community Development4302(n/a)See Bill Text
Housing and Community Development4308(n/a)See Bill Text

Maryland State Sources


Bill Comments

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