2025 Regular Session • Nevada Legislature
SB193: Establishes a pilot program to reduce interest rates on mortgage loans to certain eligible borrowers. (BDR 25-42)
Legislative Summary
AN ACT relating to housing; requiring the Housing Division of the Department of Business and Industry to establish a pilot program to buy down the interest rate on mortgage loans for certain eligible borrowers; making an appropriation for the pilot program; and providing other matters properly relating thereto.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
2/10/2025
Read first time. Referred to Committee on Commerce and Labor. To printer.
Senate
2/11/2025
From printer. To committee.
Senate
4/10/2025
From committee: Amend, and do pass as amended.
Senate
4/14/2025
Notice of eligibility for exemption.
Senate
4/14/2025
Read second time. Amended. (Amend. No. 4.)
Senate
4/14/2025
Taken from General File. Re-referred to Committee on Finance. Exemption effective. To printer.
Senate
4/15/2025
From printer. To engrossment. Engrossed. First reprint. To committee.
Senate
Amendments
Senate Amendment 4
Senate Amendment 4
Adopted
Status Information
Current Status
Introduced(2/10/2025)
Chamber
Senate
Committee
Finance(Senate)
Sponsors
Democrat: 13
Primary Sponsor
Fabian Donate
Democrat