TN HB2092 | 2023-2024 | 113th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 24 2024 - 25% progression, died in chamber
Action: 2024-03-19 - Taken off notice for cal in s/c Banking & Consumer Affairs Subcommittee of Commerce Committee
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on January 24 2024 - 25% progression, died in chamber
Action: 2024-03-19 - Taken off notice for cal in s/c Banking & Consumer Affairs Subcommittee of Commerce Committee
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, changes the definition of a "home loan" to a closed-end loan with a term of at least 241 months; removes existing variable limits on the maximum effective rate of annual interest on home loans of no higher than two points greater than the rate established by the FNMA auction or four points greater than the 30-year treasury bond market yield index, leaving the maximum rate of interest per annum for home loans that may be charged at a fixed 18 percent limit. - Amends TCA Title 47.
Title
AN ACT to amend Tennessee Code Annotated, Title 47, relative to mortgage interest rates.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-19 | House | Taken off notice for cal in s/c Banking & Consumer Affairs Subcommittee of Commerce Committee |
| 2024-03-13 | House | Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/19/2024 |
| 2024-03-12 | House | Action Def. in s/c Banking & Consumer Affairs Subcommittee to 3/19/2024 |
| 2024-03-06 | House | Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/12/2024 |
| 2024-03-05 | House | Action Def. in s/c Banking & Consumer Affairs Subcommittee to 3/12/2024 |
| 2024-02-28 | House | Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/5/2024 |
| 2024-02-20 | House | Action Def. in s/c Banking & Consumer Affairs Subcommittee to 3/5/2024 |
| 2024-02-14 | House | Placed on s/c cal Banking & Consumer Affairs Subcommittee for 2/20/2024 |
| 2024-02-13 | House | Action Def. in s/c Banking & Consumer Affairs Subcommittee to 2/20/2024 |
| 2024-02-07 | House | Placed on s/c cal Banking & Consumer Affairs Subcommittee for 2/13/2024 |
| 2024-01-30 | House | Assigned to s/c Banking & Consumer Affairs Subcommittee |
| 2024-01-29 | House | P2C, ref. to Commerce Committee |
| 2024-01-25 | House | Intro., P1C. |
| 2024-01-24 | House | Filed for introduction |
Same As/Similar To
SB2707 (Crossfiled) 2024-03-12 - Assigned to General Subcommittee of Senate Commerce and Labor Committee
