l9n/ Oregon

2019 Regular Session

House Bill 2561

Directs Department of Veterans' Affairs to develop program under which providers contracting with department provide credit guarantees for qualified borrowers for purpose of refinancing home mortgages.

Did not become law. It stopped in the House of Representatives's Veterans and Emergency Preparedness Committee on June 30, 2019. The 2019 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Directs Department of Veterans' Affairs to develop program under which providers contracting with department provide credit guarantees for qualified borrowers for purpose of refinancing home mortgages. Prohibits department from paying amounts due under loan or credit guarantee agreement from any source other than available moneys in Veterans Refinancing and Reintegration Services Fund. Authorizes financial institution to exercise rights against security if there are insufficient available moneys to pay amounts due under loan or credit guarantee agreement. Establishes Veterans Refinancing and Reintegration Services Fund. Continuously appropriates moneys in fund to department for purposes of program. Directs Oregon Department of Administrative Services to include in Governor's budget for each fiscal period amounts sufficient to permit payment of amounts due on unpaid loan and credit guarantees for that fiscal period.

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

Its course

January 14 to June 30, 2019, 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 action3 actions on 3 days

In the House of RepresentativesJan 14 to Jun 30 · stopped167 days

Waiting for a committeeJan 14 to Jan 184 days

Veterans and Emergency PreparednessJan 18 to Jun 30 · stopped163 days

Text

Each version as the Legislative 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 Legislative Assembly published it is below.

In the House of Representatives Jan 14 – Jun 30

  1. Introduced
  2. Sent to Veterans and Emergency Preparedness
  3. Died when the session ended
All 3 actions, as published