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HB 908
  • Introduced
    Feb 04, 2025
  • Passed House
    Mar 03, 2025
  • Passed Senate
    Apr 07, 2025
  • Signed into Law
HB 908
Tennessee House Bill
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Interest Rates - As introduced, 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.
Last Action See all actions
Senate • Apr 14, 2025: Signed by Senate Speaker
Latest Bill Text See all bill texts
Introduced

Summary/Bill Text

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Votes
Feb 19, 2025, House
HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE: Rec. for pass by s/c ref. to Commerce Committee 2/19/2025 Passed (5)
YES: 5
NO: 0
OTHER: 0
YES: 5

NO: 0

    OTHER: 0
    Sources
    Feb 26, 2025, House
    HOUSE COMMERCE COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 2/26/2025 Passed (4)
    YES: 22
    NO: 0
    OTHER: 0
    YES: 22

    NO: 0

      OTHER: 0
      Sources
      Mar 03, 2025, House
      HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Consent Calendar for 3/3/2025 2/27/2025 (3)
      YES: 0
      NO: 0
      OTHER: 0
      YES: 0

        NO: 0

          OTHER: 0
          Sources
          Mar 03, 2025, House
          FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION 3/3/2025 Passed (2)
          YES: 90
          NO: 0
          OTHER: 0
          YES: 90

          NO: 0

            OTHER: 0
            Sources
            Mar 11, 2025, Senate
            SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 3/11/2025 Passed (2)
            YES: 7
            NO: 0
            OTHER: 1
            YES: 7

            NO: 0

              NOT VOTING: 1

              Sources
              Mar 27, 2025, House
              FLOOR VOTE: MOTION TO RECALL FROM SENATE 3/27/2025 Failed (1)
              YES: 23
              NO: 70
              OTHER: 0
              YES: 23

              NO: 70

              OTHER: 0
              Sources
              Apr 07, 2025, Senate
              FLOOR VOTE: Third Consideration 4/7/2025 Passed (1)
              YES: 24
              NO: 5
              OTHER: 1
              YES: 24

              NO: 5

              NOT VOTING: 1

              Sources
              Actions
              • Apr 14, 2025 | Senate
                • Signed by Senate Speaker
              • Apr 10, 2025 | House
                • Signed by H. Speaker
              • Apr 08, 2025 | House
                • Enrolled; ready for sig. of H. Speaker.
              • Apr 07, 2025 | Senate
                • Passed Senate, Ayes 24, Nays 5, PNV 1
              • Apr 04, 2025 | Senate
                • Placed on Senate Regular Calendar for 4/7/2025
              • Mar 20, 2025 | Senate
                • Senate Reset on calendar for 4/7/2025
              • Mar 18, 2025 | Senate
                • Placed on Senate Regular Calendar for 3/20/2025
              • Mar 17, 2025 | Senate
                • Senate substituted House Bill for companion Senate Bill.
                • Senate Reset on calendar for 3/20/2025
              • Mar 06, 2025 | Senate
                • Received from House, Passed on First Consideration
              • Mar 04, 2025 | House
                • Engrossed; ready for transmission to Sen.
              • Mar 03, 2025 | House
                • Passed H., Ayes 90, Nays 0, PNV 0
              • Feb 27, 2025 | House
                • H. Placed on Consent Calendar for 3/3/2025
              • Feb 26, 2025 | House
                • Rec. for pass; ref to Calendar & Rules Committee
                • Placed on cal. Calendar & Rules Committee for 2/27/2025
              • Feb 19, 2025 | House
                • Rec. for pass by s/c ref. to Commerce Committee
                • Placed on cal. Commerce Committee for 2/26/2025
              • Feb 12, 2025 | House
                • Placed on s/c cal Banking & Consumer Affairs Subcommittee for 2/19/2025
              • Feb 10, 2025 | House
                • Assigned to s/c Banking & Consumer Affairs Subcommittee
              • Feb 06, 2025 | House
                • P2C, ref. to Commerce Committee
              • Feb 05, 2025 | House
                • Intro., P1C.
              • Feb 04, 2025 | House
                • Filed for introduction
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