MS HB131 | 2020 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on March 3 2020 - 100% progression
Action: 2020-03-03 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on March 3 2020 - 100% progression
Action: 2020-03-03 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Establish The Homeowner's Emergency Mortgage Assistance Program, Which Shall Be Administered By The Mississippi Home Corporation; To Authorize The Corporation To Make Loans To Mississippi Residents Who Are Eligible Under This Act; To Provide That Before A Mortgagee May Accelerate The Maturity Of A Mortgage Obligation Covered Under This Act Or Begin Any Mortgage Foreclosure, Certain Notice Must Be Given To The Mortgagor And A Determination Must Have Been Made On The Mortgagor's Application For Emergency Mortgage Assistance Payments; To Provide That Foreclosure Actions On Mortgages Covered Under This Act Shall Be Temporarily Stayed; To Specify The Requirements For Giving Notice To The Mortgagor; To Specify The Requirements For Eligibility For Assistance With Respect To A Mortgage Under This Act; To Provide That The Corporation Shall Pay To A Mortgagee The Full Amount Due Under The Terms Of A Mortgage Of A Mortgagor Who Is Eligible For Assistance Under This Act; To Provide That The Corporation Shall Enter Into Agreements With Mortgagors Who Receive Assistance Under This Act For The Repayment Of That Assistance; To Require All Mortgagors Who Receive Assistance Under This Act To Receive Consumer Credit Counseling; To Create The Homeowner's Emergency Mortgage Assistance Fund In The State Treasury; And For Related Purposes.
Title
Homeowner's Emergency Mortgage Assistance Program; create.
Sponsors
| Rep. John Hines [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-03-03 | House | Died In Committee |
| 2020-01-24 | House | Referred To Appropriations |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2020/pdf/history/HB/HB0131.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2020/html/HB/0100-0199/HB0131IN.htm |
