HB 908 Enacted
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.
Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Apr 28, 2025 · House
Effective date(s) 07/01/2025
Apr 28, 2025 · House
Pub. Ch. 290
Apr 24, 2025 · House
Signed by Governor.
Apr 16, 2025 · House
Transmitted to Governor for his action.
Apr 14, 2025 · Senate
Signed by Senate Speaker
Apr 10, 2025 · House
Signed by H. Speaker
Apr 8, 2025 · House
Enrolled; ready for sig. of H. Speaker.
Apr 7, 2025 · Senate
Passed Senate, Ayes 24, Nays 5, PNV 1
Apr 4, 2025 · House
Placed on Senate Regular Calendar for 4/7/2025
Mar 20, 2025 · House
Senate Reset on calendar for 4/7/2025
Mar 18, 2025 · House
Placed on Senate Regular Calendar for 3/20/2025
Mar 17, 2025 · House
Senate Reset on calendar for 3/20/2025
Mar 17, 2025 · House
Senate substituted House Bill for companion Senate Bill.
Mar 6, 2025 · House
Received from House, Passed on First Consideration
Mar 4, 2025 · House
Engrossed; ready for transmission to Sen.
Mar 3, 2025 · House
Passed H., Ayes 90, Nays 0, PNV 0
Feb 27, 2025 · House
H. Placed on Consent Calendar for 3/3/2025
Feb 26, 2025 · House
Placed on cal. Calendar & Rules Committee for 2/27/2025
Feb 26, 2025 · House
Rec. for pass; ref to Calendar & Rules Committee
Feb 19, 2025 · House
Placed on cal. Commerce Committee for 2/26/2025
Feb 19, 2025 · House
Rec. for pass by s/c ref. to Commerce Committee
Feb 12, 2025 · House
Placed on s/c cal Banking & Consumer Affairs Subcommittee for 2/19/2025
Feb 10, 2025 · House
Assigned to s/c Banking & Consumer Affairs Subcommittee
Feb 6, 2025 · House
P2C, ref. to Commerce Committee
Feb 5, 2025 · House
Intro., P1C.
Feb 4, 2025 · House
Filed for introduction