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Legislation watch
2008 Senate Bill 6711: Creating the smart homeownership choices program
Introduced by Sen. Claudia Kauffman, (D-Kent) (D) on January 22, 2008
Establishes the smart homeownership choices program in
the department of financial institutions to assist low-income and moderate-income households facing foreclosure. Official Text and Analysis.
Referred to the Senate Consumer Protection & Housing Committee on January 22, 2008
Substitute offered in the Senate on February 6, 2008
To require that a homeowner must repay any funds received at time of refinancing and the homeowner must participate in a mortgage counseling program. Language is clarified that the funds are for refinancing as opposed to helping a homeowner "become eligible to" refinance.
The substitute passed by voice vote in the Senate on February 18, 2008
Referred to the Senate Ways & Means Committee on February 6, 2008
Referred to the Senate Rules Committee on February 12, 2008
Received in the House on February 20, 2008
Referred to the House Insurance, Financial Services, and Consumer Protection Committee on February 20, 2008
Referred to the House Appropriations Committee on February 28, 2008
Amendment offered in the House on March 1, 2008
To remove the appropriation and add a null and void clause to the bill.
The amendment passed by voice vote in the House on March 4, 2008
Referred to the House Rules Committee on March 3, 2008
Amendment offered by Rep. Dan Roach, (R-Bonney Lake) (R) on March 4, 2008
To expire the Smart Homeownership Choices Program on December 31, 2010.
The amendment failed by voice vote in the House on March 4, 2008
Received in the Senate on March 10, 2008
Signed by Gov. Christine Gregoire on April 1, 2008