SB193Introduced in the Senate
Establishes a pilot program to reduce interest rates on mortgage loans to certain eligible borrowers. (BDR 25-42)
Introduced by Fabian Donate, District 10
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
AN ACT relating to housing; requiring the Housing Division of the Department of Business and Industry to establish a pilot program to buy down the interest rate on mortgage loans for certain eligible borrowers; making an appropriation for the pilot program; and providing other matters properly relating thereto.
Where it stands
(No further action taken.)
June 3, 2025
How did lawmakers vote?
SenateStage: Senate Final Passage · May 28, 2025
14
Yes
5
No
2
Absent or Not Voting
21 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Michelee Cruz-Crawford | 1 | Absent |
| Edgar Flores | 2 | Yes |
| Rochelle Nguyen | 3 | Yes |
| Dina Neal | 4 | Absent |
| Carrie Ann Buck | 5 | No |
| Nicole Cannizzaro | 6 | Yes |
| Roberta Lange | 7 | Yes |
| Marilyn Dondero Loop | 8 | Yes |
| Melanie Scheible | 9 | Yes |
| Fabian Donate | 10 | Yes |
Bill history
Read first time. Referred to Committee on Commerce and Labor. To printer.
From printer. To committee.
From committee: Amend, and do pass as amended.
Notice of eligibility for exemption.
Read second time. Amended. (Amend. No. 4.)
Taken from General File. Re-referred to Committee on Finance. Exemption effective. To printer.
From printer. To engrossment. Engrossed. First reprint. To committee.
From committee: Amend, and do pass as amended.
Placed on General File.
Read third time. Amended. (Amend. No. 873.)
Reprinting dispensed with.
Read third time. Passed, as amended. Title approved, as amended. (Yeas: 14, Nays: 5, Excused: 2.) To printer.
From printer. To re-engrossment. Re-engrossed. Second reprint. To Assembly.
In Assembly.
Read first time. Referred to Committee on Ways and Means. To committee.
From committee: Do pass.
Placed on Second Reading File.
Read second time.
(No further action taken.)
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