HB126
Type: B Origin: House Comments: 0

Establishing The First-Time Homebuyer Savings Account Program And The First-Time Homebuyer Savings Account Program Fund; And Imposing Duties On The Treasury Department.

Latest Action: Referred to COMMERCE

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This bill aims to create the First-Time Homebuyer Savings Account Program and Fund, overseen by the Treasury Department. The program allows individuals to set up savings accounts for purchasing their first home, with tax advantages. It imposes responsibilities on the Treasury Department to manage and regulate these accounts. The bill seeks to support first-time homebuyers by providing a structured way to save for homeownership while offering tax benefits.

Bill Activity

  • 2023-03-07: Referred to COMMERCE

  • 2023-05-03: Reported with request to re-refer to HOUSING AND COMMUNITY DEVELOPMENT

  • 2023-05-03: Re-referred to HOUSING AND COMMUNITY DEVELOPMENT

  • 2024-05-21: Reported as amended

  • 2024-05-21: First consideration

  • 2024-05-21: Laid on the table

  • 2024-06-26: Removed from table

  • 2024-06-27: Second consideration, with amendments

  • 2024-06-27: Re-committed to APPROPRIATIONS

  • 2024-06-27: Re-reported as committed

  • 2024-06-28: Third consideration and final passage (192-10)

  • 2024-06-28: In the Senate

  • 2024-07-12: Referred to URBAN AFFAIRS AND HOUSING

Roll Calls (7):
Amendments (2):
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