Skip to content

Bills · 2013-2014 Regular Session

AB 158

Died at session end Official bill text Atom feed

Relating to: the homeownership mortgage loan program administered by the Wisconsin Housing and Economic Development Authority.

Housing and economic development authority, wisconsin Mortgage Motor vehicle

  1. Introduced, stopped here
  2. Passes Assembly, not reached
  3. Passes Senate, not reached
  4. Governor signs, not reached
  5. Law, not reached

Unfamiliar terms? Glossary

What this bill does

Plain-language analysis by the nonpartisan Legislative Reference Bureau

The Wisconsin Housing and Economic Development Authority (WHEDA)

administers a homeownership mortgage loan program to encourage homeownership

and to facilitate the acquisition of rehabilitation of certain residential properties.

Under the program, subject to certain limitations, WHEDA may, directly or by

contracting with an authorized lender, make, buy, or assume loans to finance the

construction, long-term financing, or rehabilitation of certain residential properties

(homeownership mortgage loans). One limitation is that, under current law,

homeownership mortgage loans may not be made to finance the purchase or

replacement of an existing mortgage unless the existing mortgage is a construction

loan, temporary financing, or a loan made to finance a rehabilitation project. Under

this bill, a homeownership mortgage loan may also be made to finance the purchase

or replacement of an existing mortgage if the existing mortgage is a loan funded or

serviced by WHEDA.

Sponsors

Introduced by: A. Ott (R) , Bernier (R) , Bewley (D) , Bies (R) , Brooks (R) , Honadel (R) , Jacque (R) , Jagler (R) , Loudenbeck (R) , Marklein (R) , Murphy (R) , Murtha (R) , Nass (R) , Ohnstad (D) , Petryk (R) , Ripp (R) , Sanfelippo (R) , Stone (R) , Tauchen (R) , Thiesfeldt (R) , Tranel (R) , Zepnick (D)

10 cosponsors

Ballweg (R) , C. Larson (D) , Cowles (R) , Farrow (R) , Genrich (D) , Harris (D) , Harsdorf (R) , L. Taylor (D) , Lazich (R) , Lehman (D)

Votes

Assembly: Report passage recommended by Committee on Housing and Real Estate, Ayes 8, Noes 0

Passed 8–0 May 13, 2013 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Apr 15, 2013 · Assembly

    Introduced by Representatives Tranel, Petryk, Murtha, Ripp, Stone, Loudenbeck, Jagler, Brooks, Honadel, Bernier, Bewley, Bies, Jacque, Marklein, Murphy, Nass, Tauchen, Zepnick, Thiesfeldt, Sanfelippo, Ohnstad and A. Ott; cosponsored by Senators Farrow, Cowles, Harsdorf, Lazich, L. Taylor, Harris, C. Larson and Lehman

  2. Apr 15, 2013 · Assembly

    Read first time and referred to Committee on Housing and Real Estate

  3. Apr 25, 2013 · Assembly

    Representative Ballweg added as a coauthor

  4. May 2, 2013 · Assembly

    Public hearing held

  5. May 3, 2013 · Assembly

    Representative Genrich added as a coauthor

  6. May 9, 2013 · Assembly

    Executive action taken

  7. May 13, 2013 · Assembly

    Report passage recommended by Committee on Housing and Real Estate, Ayes 8, Noes 0

  8. May 13, 2013 · Assembly

    Referred to Committee on Rules

  9. Apr 8, 2014 · Assembly

    Failed to pass pursuant to Senate Joint Resolution 1