BILL ANALYSIS
Senate Research Center H.B. 280
80R1538 EJI-D By: Madden et al. (Gallegos)
AUTHOR'S / SPONSOR'S STATEMENT OF INTENT
The Firefighter Police Officer Home Loan Program is administered by the Texas State Affordable Housing Corporation (corporation) and nicknamed the "Homes for Heroes" program (program). The corporation provides low-rate and 30-year fixed-rate mortgage loans and provides five percent down payment assistance for first time homebuyers employed as police officers and firefighters in Texas. Revisions of the enacting legislation in previous legislative sessions extended the program to police officers, firefighters, corrections officers, county jailers, and public security officers.
H.B. 280 adds juvenile correctional officers employed by the Texas Youth Commission to the definition of "corrections officer," providing for their participation in the program.
RULEMAKING AUTHORITY
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Section 2306.5621(a)(6), Government Code, to redefine "corrections officer."
SECTION 2. Effective date: upon passage or September 1, 2007.