Interest Rates - As enacted, removes the weighted average yield of the accepted offers of the Federal National Mortgage Association's current free market system auction and the 30-year treasury yield as the two bases upon which the maximum effective rate of interest on home loans may be set by the commissioner of financial institutions, and replaces them with the average prime offer rate. - Amends TCA Title 45 and Title 47.

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13 actions

Apr 28, 2025 lower

Comp. became Pub. Ch. 290
Mar 17, 2025 lower

Companion House Bill substituted
Mar 14, 2025 lower

Placed on Senate Regular Calendar for 3/17/2025
Mar 11, 2025 lower

Recommended for passage, refer to Senate Calendar Committee
Mar 5, 2025 lower

Placed on Senate Commerce and Labor Committee calendar for 3/11/2025
Mar 4, 2025 lower

Action deferred in Senate Commerce & Labor Committee to 3/11/2025
Feb 25, 2025 lower

Action deferred in Senate Commerce and Labor Committee to 3/4/2025
Feb 25, 2025 lower

Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
Feb 25, 2025 lower

Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
Feb 18, 2025 lower

Placed on Senate Commerce and Labor Committee calendar for 2/25/2025
Feb 12, 2025 upper

Passed on Second Consideration, refer to Senate Commerce and Labor Committee
Feb 10, 2025 lower

Introduced, Passed on First Consideration
Feb 4, 2025 lower

Filed for introduction