HB 4051

Creates a program for deferred loans to first-time home buyers in an amount not greater than the lesser of the closing costs on the purchase or one percent of the purchase price.

Status	In House Committee (HHOUSH)
Sponsors	E. Werner Reschke (Republican) (Chief), Christine Drazan (Republican) (Chief), Anna Scharf (Republican), Court Boice (Republican)
Fiscal impact	May have fiscal impact, but no statement yet issued
Revenue impact	May have revenue impact, but no statement yet issued
Emergency clause	Yes

Bill Text

Introduced

Creates a deferred loan program for first-time home buyers to offset closing costs on home purchases.

Original Bill Text

Sponsors#

Chief Sponsors: E. Werner Reschke, Christine Drazan

Co-Sponsors: Anna Scharf

Overview#

Digest: The Act would have loans made to first-time home buyers to offset closing costs. The Act would make the loan plus interest due when the home is sold, the borrower moves out or, if the home is a mobile home, it is moved out of state. The Act would have the program run for three years. (Flesch Readability Score: 88.1). Creates a program for deferred loans to first-time home buyers in an amount not greater than the lesser of the closing costs on the purchase or one percent of the purchase price. Makes the deferred loans repayable when the home changes ownership, is no longer the homestead of the borrower or, if the home is mobile, is moved out of state. Retires the program after three years. Declares an emergency, effective on passage.

Legislative History

Date	Chamber	Action
2026-02-02	H	First reading. Referred to Speaker's desk.
2026-02-02	H	Referred to Housing and Homelessness with subsequent referral to Revenue.
2026-02-17	H	Informational Meeting cancelled.
2026-02-19	H	Informational Meeting held.