MS HB1278 | 2025 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 20 2025 - 25% progression
Action: 2025-01-20 - Referred To Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Provide That The Department Of Finance And Administration Shall Develop The Hometown Heroes Home Loan Guaranty Program To Provide Loan Guaranties On Behalf Of Certain Firefighters, Law Enforcement Officers, Nurses And Teachers For The Purpose Of Assisting Such Individuals In Obtaining Conventional Financing For The Purchase Of Residential Property That Is To Be The Primary Home And Residence Of Such An Individual And For Which The Individual Certifies To The Department Of Finance And Administration That He Or She Intends To File An Application For Homestead Exemption Under The State Homestead Exemption Law; To Create The "hometown Heroes Home Loan Guaranty Fund" As A Special Fund In The State Treasury Which Shall Be Administered By The Department Of Finance And Administration For The Purpose Of Providing Loan Guaranties Under This Act; And For Related Purposes.

Tracking Information

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Title

Hometown Heroes Home Loan Guaranty Program; establish.

Sponsors


History

DateChamberAction
2025-01-20HouseReferred To Ways and Means

Mississippi State Sources


Bill Comments

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