Did not become law. It stopped in the Senate on June 3, 2021. The 2021 session has ended.
2021 Regular Session
House Bill 5027
AN ACT ESTABLISHING A FIRST-TIME HOMEBUYER SAVINGS ACCOUNT, ESTABLISHING TAX DEDUCTIONS FOR CONTRIBUTIONS TO FIRST-TIME HOMEBUYER SAVINGS ACCOUNTS AND THE WITHDRAWAL OF CERTAIN ELIGIBLE COSTS, DIRECTING THE TREASURER TO MAKE RECOMMENDATIONS CONCERNING MARKETABLE SECURITIES AND ESTABLISHING A FINANCIAL LITERACY TRUST FUND.
What it does
The synopsis the General Assembly published with the bill.
To require the Banking Commissioner to establish a first-time homebuyer savings account program and to establish a tax deduction for contributions to first-time homebuyer savings accounts.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
26 co-sponsors
Tom Delnicki, Travis Simms, Gary A. Turco Jr., Mary M. Mushinsky, Joshua M. Hall, Kenneth Gucker, Geraldo C. Reyes Jr., Caroline Simmons, Tami Zawistowski, Holly H. Cheeseman, Dave W. Yaccarino, Jaime S. Foster, Juan R. Candelaria, Andre F. Baker Jr., Lucy Dathan, Whit Betts, Tammy Nuccio, Ben McGorty, Patricia A. Dillon, Stephanie Thomas, Irene M. Haines, Hilda E. Santiago, Jason Doucette, Tony J. Scott, John-Michael Parker, Christie M. Carpino
In the Senate
2 co-sponsors
Its course
January 11 to June 3, 2021, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action24 actions on 13 days
In the House of RepresentativesJan 11 to Jun 2142 days
Banking CommitteeJan 11 to Feb 2343 days
Finance, Revenue and Bonding CommitteeApr 26 to May 37 days
In the SenateJun 2 to Jun 3 · stopped1 day
Amendments
Each amendment offered, and what became of it.
House of Representatives floor amendmentAdopted
Adopted Jun 2
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the House of Representatives Jan 11 – Jun 2
- Jan 11Introduced and sent to Banking Committee
- Feb 10Drafted as a bill by Banking Committee
- Feb 11Heard in Banking Committee
- Sent to Banking Committee
- Feb 23Banking Committee recommended a substitute for it
- Apr 26Sent to Finance, Revenue and Bonding Committee
- May 3Finance, Revenue and Bonding Committee recommended it
- Jun 2The House of Representatives adopted House of Representatives Amendment A
- Passed the House of Representatives with House of Representatives Amendment A
In the Senate Jun 2
- Jun 2Sent to the Senate
All 24 actions, as published
- Jan 11REF. TO JOINT COMM. ONBoth houses
- Jan 19Vote to DraftBoth houses
- Feb 10DRAFTED BY COMMITTEEBoth houses
- Feb 11PUBLIC HEARINGBoth houses
- Feb 11REF. TO JOINT COMM. ONBoth houses
- Feb 23Joint Favorable SubstituteBoth houses
- Mar 2FILED WITH LCOBoth houses
- Mar 11REFERRED TO OLR, OFABoth houses
- Mar 17RPTD. OUT OF LCOBoth houses
- Mar 17FAV. RPT., TABLED FOR HOUSE CALENDARHouse of Representatives
- Mar 17HOUSE CALENDAR NUMBERHouse of Representatives
- Mar 17FILE NO.Both houses
- Apr 26REF. BY HOUSE TO COMMITTEE ONHouse of Representatives
- May 3Joint FavorableBoth houses
- May 3FILED WITH LCOBoth houses
- May 3RPTD. OUT OF LCOBoth houses
- May 4NO NEW FILE BY COMM. ONBoth houses
- May 4TABLED FOR HOUSE CALENDARHouse of Representatives
- Jun 2HOUSE ADOPTED HOUSE AMEND. SCH.House of Representatives
- Jun 2HOUSE PASSED, HOUSE AMEND. SCH.House of Representatives
- Jun 2IMMEDIATE TRANSMITTAL TO THE SENATEHouse of Representatives
- Jun 3FAV. RPT., TAB. FOR CAL., SEN.Senate
- Jun 3SENATE CALENDAR NUMBERSenate
- Jun 3FILE NO.Both houses