SB 749 In Committee
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
Comp. became Pub. Ch. 290
Mar 17, 2025 · House
Companion House Bill substituted
Mar 14, 2025 · House
Placed on Senate Regular Calendar for 3/17/2025
Mar 11, 2025 · House
Recommended for passage, refer to Senate Calendar Committee
Mar 5, 2025 · House
Placed on Senate Commerce and Labor Committee calendar for 3/11/2025
Mar 4, 2025 · House
Action deferred in Senate Commerce & Labor Committee to 3/11/2025
Feb 25, 2025 · House
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
Feb 25, 2025 · House
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
Feb 25, 2025 · House
Action deferred in Senate Commerce and Labor Committee to 3/4/2025
Feb 18, 2025 · House
Placed on Senate Commerce and Labor Committee calendar for 2/25/2025
Feb 12, 2025 · Senate
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
Feb 10, 2025 · House
Introduced, Passed on First Consideration
Feb 4, 2025 · House
Filed for introduction