SB 661

  • California Senate Bill
  • 2021-2022 Regular Session
  • Introduced in Senate Feb 19, 2021
  • Passed Senate Jun 01, 2021
  • Passed Assembly Aug 26, 2021
  • Became Law Oct 05, 2021

Veterans' farm and home loan program.

Abstract

Existing law establishes the Department of Veterans Affairs, which is headed by the Secretary of Veterans Affairs. Existing law requires the secretary, as head of the department and subject to the policies adopted by the California Veterans Board, to perform all duties, exercise all powers and jurisdiction, assume and discharge all responsibilities, and carry out and effect all provisions vested by law in the department. Existing law defines "veteran" for the purposes of the various programs granting benefits to veterans. This bill would authorize the secretary to designate a deputy, employee, or other official in the department to act for them and to represent them at meetings. The bill would authorize the secretary to delegate powers and duties, as specified. The bill would include in the definition of "veteran" a person who qualifies for funds made available from a qualified mortgage revenue bond issued pursuant to federal law, as specified, and who, at the time of application for Cal-Vet benefits, was a member of the California National Guard or a reserve component of any branch of the Armed Forces of the United States who has completed not less than a 6-year commitment and was released under honorable conditions. Existing law provides for farm and home purchase benefits for qualifying veterans under the Veterans' Farm and Home Purchase Act of 1943 and the Veterans' Farm and Home Purchase Act of 1974, which are collectively referred to as the CalVet Home Loan Program, and places responsibility for program administration with the Department of Veterans Affairs. Existing law establishes program requirements, including that homes, condominiums, and mobilehomes, in the opinion of the department, suit the needs of the purchaser and that the department process loan applications with the intent of delivering a loan within an average of 30 days. Existing law permits the department to purchase property subject to a participation contract for a loan term of not less than 23 years and requires the purchase price plus the participation contract to not exceed the maximum purchase prices available under the program. This bill would repeal the Veterans' Farm and Home Act of 1943. The bill would, for purposes of the Veterans' Farm and Home Purchase Act of 1974, provide that in cases of homes, condominiums, and mobilehomes, the determination that the purchase meets required standards is within the sole opinion of the department. This bill would require the department to efficiently process loans with the intent of achieving loan delivery within an industry standard average number of days, rather than requiring 30 days. This bill would repeal the requirement that property purchased subject to a participation contract be limited to a term of not less than 23 years. This bill would allow the department to acquire a home for the purpose of refinancing an existing loan, as specified. This bill would make other technical changes.

Bill Sponsors (2)

Votes


Actions


Oct 05, 2021

California State Legislature

Chaptered by Secretary of State. Chapter 549, Statutes of 2021.

California State Legislature

Approved by the Governor.

Aug 30, 2021

California State Legislature

Enrolled and presented to the Governor at 1 p.m.

Aug 26, 2021

Assembly

Read third time. Passed. (Ayes 73. Noes 0. Page 2524.) Ordered to the Senate.

Senate

In Senate. Ordered to engrossing and enrolling.

Aug 23, 2021

Assembly

Read second time. Ordered to consent calendar.

Aug 19, 2021

Assembly

From committee: Do pass. Ordered to consent calendar. (Ayes 16. Noes 0.) (August 19).

Jul 07, 2021

Assembly

From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 11. Noes 0.) (July 6). Re-referred to Com. on APPR.

  • Committee-Passage
  • Committee-Passage-Favorable
  • Referral-Committee
Com. on APPR.

Jul 06, 2021

Assembly

Coauthors revised.

Jun 10, 2021

Assembly

Referred to Com. on M. & V.A.

  • Referral-Committee
Com. on M. & V.A.

Jun 02, 2021

Assembly

In Assembly. Read first time. Held at Desk.

Jun 01, 2021

Senate

Read third time. Passed. (Ayes 39. Noes 0. Page 1346.) Ordered to the Assembly.

May 24, 2021

Senate

Ordered to special consent calendar.

May 20, 2021

Senate

Read second time. Ordered to third reading.

Senate

From committee: Do pass. (Ayes 7. Noes 0. Page 1199.) (May 20).

May 14, 2021

Senate

Set for hearing May 20.

Apr 05, 2021

Senate

April 5 hearing: Placed on APPR suspense file.

Mar 19, 2021

Senate

Set for hearing April 5.

Mar 17, 2021

Senate

From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0. Page 534.) (March 17). Re-referred to Com. on APPR.

  • Committee-Passage
  • Committee-Passage-Favorable
  • Referral-Committee
Com. on APPR.

Mar 15, 2021

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on M. & V.A.

  • Amendment-Passage
  • Committee-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on M. & V.A.

Mar 10, 2021

Senate

Set for hearing March 17.

Mar 03, 2021

Senate

Referred to Com. on M. & V.A.

  • Referral-Committee
Com. on M. & V.A.

Feb 22, 2021

Senate

From printer. May be acted upon on or after March 24.

Senate

Joint Rule 55 suspended. (Ayes 32. Noes 4. Page 272.)

Senate

(Ayes 32. Noes 4.)

Senate

Art. IV. Sec. 8(a) of the Constitution dispensed with.

Senate

Read first time.

Feb 19, 2021

Senate

Introduced. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB661 HTML
02/19/21 - Introduced PDF
03/15/21 - Amended Senate PDF
08/27/21 - Enrolled PDF
10/05/21 - Chaptered PDF

Related Documents

Document Format
03/16/21- Senate Committee on Military & Veterans Affairs PDF
04/02/21- Senate Appropriations PDF
05/22/21- Sen. Floor Analyses PDF
07/05/21- Assembly Military and Veterans Affairs PDF
08/16/21- Assembly Appropriations PDF

Sources

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