HB 563, First-Time Home Buyers Savings Account

By Sam LICKLIDER posted 02-21-2017 10:48 AM

What follows is a text from Rep. Becky Ruth "Bill passed out of committee with only one NO vote--Brandon Ellington". 

The bill is, of course HB 563, there were several amendment added, mostly to clean up some drafting but one that requires a person using the account to live in the house for at least 2 years, several committee members were concerned about someone using the account to "flip houses", not sure how that would be possible but...

Hearing this afternoon on HB 608 and HB 632 both dealing with short term rentals.  There are some significant problems with HB 608 and potentially with HB 632.