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IntroducedJan 11, 2021
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Passed HouseJun 02, 2021
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Passed Senate
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Signed into Law
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. 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.
Last Action See all actions
Senate • Jun 03, 2021: File Number 780 (LCO)
Latest Bill Text See all bill texts
Summary/Bill Text
Comments on HB 5027
Tweets
Whip Lists
Sponsors
- Banking Committeeprimary
- Rep. Gary A. Turcocosponsor
- Sen. Tony Hwangcosponsor
- Rep. Mary M. Mushinskycosponsor
- Rep. Joshua M. Hallcosponsor
- Rep. Kenneth M Guckercosponsor
- Rep. Geraldo C. Reyescosponsor
- Rep. Caroline Simmonscosponsor
- Rep. Tami Zawistowskicosponsor
- Rep. Holly H. Cheesemancosponsor
- Rep. Dave W. Yaccarinocosponsor
- Rep. Jaime S. Fostercosponsor
- Rep. Juan R. Candelariacosponsor
- Rep. Andre F. Bakercosponsor
- Rep. Lucy Dathancosponsor
- Rep. Whit Bettscosponsor
- Rep. Tammy Nucciocosponsor
- Rep. Ben McGortycosponsor
- Rep. Patricia A. Dilloncosponsor
- Rep. Stephanie Thomascosponsor
- Rep. Irene M. Hainescosponsor
- Rep. Hilda E. Santiagocosponsor
- Rep. Jason Doucettecosponsor
- Rep. Tony J Scottcosponsor
- Rep. John-Michael Parkercosponsor
- Sen. Saud Anwarcosponsor
- Rep. Christie M. Carpinocosponsor
Votes
YES: 18
- Doucette J.
- Kasser A.
- Delnicki T.
- Berthel E.
- Gucker K.
- McCrory D.
- Bradley D.
- Hartley J.
- Baker A.
- Borer D.
- Paolillo A.
- Perone C.
- Stallworth C.
- Ziogas C.
- D'Amelio A.
- Fusco J.
- Lanoue B.
- McGorty B.
NO: 0
OTHER: 0
YES: 49
- Fonfara J.
- Paolillo A.
- Scanlon S.
- Perone C.
- Martin H.
- Phipps Q.
- Cheeseman H.
- Sanchez R.
- Miller P.
- Santiago H.
- Moore M.
- Stafstrom S.
- Kavros DeGraw E.
- Wood K.
- Meskers S.
- Ziogas C.
- Cabrera J.
- Carney D.
- Cassano S.
- Devlin L.
- Cohen C.
- Klarides-Ditria N.
- Maroney J.
- Mastrofrancesco G.
- Needleman N.
- Nuccio T.
- Slap D.
- Perillo J.
- Formica P.
- Piscopo J.
- Hwang T.
- Polletta J.
- Witkos K.
- Wood T.
- Barry J.
- Yaccarino D.
- Borer D.
- Zullo J.
- Butler L.
- Zupkus L.
- Chafee B.
- Concepcion J.
- Doucette J.
- Elliott J.
- Farrar K.
- Hall J.
- Hennessy J.
- Lemar R.
- Mushinsky M.
NO: 0
ABSENT: 1
- Hampton J.
YES: 144
- ABERCROMBIE
- HUGHES
- WOOD, K.
- MCGORTY, B.
- ALLIE-BRENNAN
- JOHNSON
- YOUNG
- NUCCIO
- ARCONTI
- KAVROS DEGRAW
- ZIOGAS
- O'DEA
- ARNONE
- LEEPER
- PAVALOCK-D'AMATO
- BAKER
- LEMAR
- PERILLO
- BARRY
- LINEHAN
- ACKERT
- PETIT
- BERGER-GIRVALO
- LUXENBERG
- ANDERSON
- PISCOPO
- BLUMENTHAL
- MCCARTHY VAHEY
- POLLETTA
- BORER
- MCGEE
- BETTS
- REBIMBAS
- BOYD
- MESKERS
- BOLINSKY
- RUTIGLIANO
- MICHEL
- BUCKBEE
- SCOTT
- COMEY
- MORRIN BELLO
- CALLAHAN
- VAIL
- CONCEPCION
- NAPOLI
- CANDELORA, V.
- VEACH
- CONLEY
- NOLAN
- CARNEY
- WILSON
- CURREY
- PALM
- CARPINO
- WOOD, T.
- D'AGOSTINO
- PAOLILLO
- CASE
- YACCARINO
- DATHAN
- PARIS
- CHEESEMAN
- ZAWISTOWSKI
- DE LA CRUZ
- PARKER
- ZULLO
- DEMICCO
- PERONE
- DAUPHINAIS
- ZUPKUS
- DIGIOVANCARLO
- PHIPPS
- DELNICKI
- DILLON
- PORTER
- DEVLIN
- DIMASSA
- QUINN
- DUBITSKY
- DOUCETTE
- ROCHELLE
- FERRARO
- RITTER
- ELLIOTT
- ROJAS
- FIORELLO
- EXUM
- SANCHEZ, E.
- FISHBEIN
- FARRAR
- SANCHEZ, R.
- FRANCE
- GODFREY
- FELIPE
- SCANLON
- FUSCO
- FOSTER
- SIMMONS, C.
- FOX
- SIMMS, T.
- HAINES
- BUTLER
- GARIBAY
- SMITH, B.
- HALL
- CANDELARIA, J.
- GENGA
- SMITH, F.
- HARDING
- COOK
- GIBSON
- STAFSTROM
- HARRISON
- GILCHREST
- STALLWORTH
- HAYES
- HALL, J.
- GOUPIL
- STEINBERG
- HOWARD
- MUSHINSKY
- GRESKO
- TERCYAK
- KENNEDY
- REYES
- GUCKER
- THOMAS
- KLARIDES-DITRIA
- RILEY
- HADDAD
- TURCO
- LABRIOLA
- ROSARIO
- LANOUE
- RYAN
- HENNESSY
- WELANDER
- MASTROFRANCESCO
- SANTIAGO
- HORN
- WINKLER
- MCCARTY, K.
- VARGAS
NO: 0
Actions
- Jun 03, 2021 | Senate
- Favorable Report, Tabled for the Calendar, Senate
- Senate Calendar Number 544
- File Number 780 (LCO)
- Jun 02, 2021 | Senate
- Immediate Transmittal to the Senate
- Jun 02, 2021 | House
- House Adopted House Amendment Schedule A 9745
- House Passed as Amended by House Amendment Schedule A
- May 04, 2021 | House
- No New File by Committee on Finance, Revenue and Bonding
- Tabled for the Calendar, House
- May 03, 2021 | House
- Joint Favorable (FIN)
- Filed with Legislative Commissioners' Office (LCO)
- Reported Out of Legislative Commissioners' Office (LCO)
- Apr 26, 2021 | House
- Referred by House to Committee on Finance, Revenue and Bonding
- Mar 17, 2021 | House
- Reported Out of Legislative Commissioners' Office (LCO)
- Favorable Report, Tabled for the Calendar, House
- House Calendar Number 85
- File Number 66 (LCO)
- Mar 11, 2021 | House
- Referred to Office of Legislative Research and Office of Fiscal Analysis 03/16/21 5:00 PM (LCO)
- Mar 02, 2021 | House
- Filed with Legislative Commissioners' Office (LCO)
- Feb 23, 2021 | House
- Joint Favorable Substitute (BA)
- Feb 11, 2021 | House
- Public Hearing 02/18
- Referred to Joint Committee on Banking
- Feb 10, 2021 | House
- Drafted by Committee
- Jan 19, 2021 | House
- Vote to Draft (BA)
- Jan 11, 2021 | House
- Referred to Joint Committee on Banking
Documents
- Bill Analysis For File Copy 780
- Bill Analysis For File Copy 66
- Fiscal Note For File Copy 66
- Fiscal Note Addendum for HB-5027
- Fiscal Note for HB-5027, As Amended by House "A" (LCO 9745)
- Fiscal Note For File Copy 780
- Fiscal Note for Amendment LCO 9731 (See Fiscal Note Details)
- Fiscal Note for Amendment LCO 9508 (See Fiscal Note Details)
- Fiscal Note for Amendment LCO 9745 (See Fiscal Note Details)
- Committee Report BA Joint Fav. Rpt
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