Heard

Sign InJoin Heard

Legislative record

HB 908STATE · TennesseeIntroduced

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.

Latest action: Pub. Ch. 290

Voted 4/28/2025

Roll-call record

How representatives voted

0 yea·0 nay·1 other

Docket history

Action history

  1. 4/28/2025Pub. Ch. 290
  2. 4/28/2025Effective date(s) 07/01/2025
  3. 4/24/2025Signed by Governor.
  4. 4/16/2025Transmitted to Governor for his action.
  5. 4/14/2025Signed by Senate Speaker
  6. 4/10/2025Signed by H. Speaker
  7. 4/8/2025Enrolled; ready for sig. of H. Speaker.
  8. 4/7/2025Passed Senate, Ayes 24, Nays 5, PNV 1
  9. 4/4/2025Placed on Senate Regular Calendar for 4/7/2025
  10. 3/20/2025Senate Reset on calendar for 4/7/2025