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HB 2938

Relating to the payment of wages upon termination.

2025 Regular Session Introduced by Zach Hudson and 1 co-sponsor

HB 2938 appears in two states with conflicting provisions: Arizona creates a home-buyer assistance program for long-tenured public servants; Illinois awards $90M for passenger rail.

In committee upon adjournment.
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WeVote Research Nonpartisan
Bill Summary · HB 2938

Summary — HB 2938

Note on sources: The materials provided include two different, conflicting texts labeled HB 2938 — an Arizona bill establishing a home buyer assistance program (sponsored by Rep. Aaron Márquez) and an Illinois appropriation bill that allocates $90 million for passenger rail services (introduced by Rep. Martin J. Moylan). The summary below describes both provisions and flags the procedural ambiguity so users can verify the correct jurisdiction/version.

A. Arizona version — “Public Service Home Buyer Assistance Program”

Purpose

Creates a Home Buyer Assistance Program administered by the Arizona Finance Authority to help certain public servants purchase homes.

Key provisions

  • Authority must establish and administer the program offering:
    • Low‑interest mortgage loans.
    • Options for zero down payment and closing cost assistance.
    • Coordination with employer and local government programs and ability to provide matching funds.
  • Home Buyer Assistance Program Fund:
    • Fund consists of legislative appropriations, loan repayments and interest.
    • Monies are continuously appropriated; Authority administers the fund.
    • Loan repayments are deposited back into the fund.
  • Eligibility and requirements:
    • “Eligible home buyer” must have been continuously employed for the immediately preceding five years as:
    • A municipal, county or state law enforcement officer or firefighter; or
    • A certificated teacher (per ARS 15‑501) or other person who provides instruction in K‑12, charter, accommodation schools, Arizona State Schools for the Deaf and Blind, or a private school in the state.
    • Eligible buyers must not own other residential real estate at time of loan.
    • Property must be occupied as the buyer’s principal residence and may be newly constructed or existing homes, including co‑ops and condominiums.
  • Administration:
    • Authority must adopt implementing rules and a loan fee schedule.
    • Annual report due by October 1 to legislative leaders, JLBC and the Governor’s budget office detailing revenues, expenditures, activities, and recommendations; copy to Secretary of State.
  • Short title: “Public Service Home Buyer Assistance Program.”

Who is affected

  • Targeted at long‑tenured public safety personnel and educators (5 years continuous employment).
  • Arizona Finance Authority (administrator), state budget (initial appropriations if provided), and participating home buyers.

B. Illinois version — “$IDOT — Passenger Rail Service” (Appropriations)

Purpose

Appropriates funds from the General Revenue Fund to the Illinois Department of Transportation (IDOT) for multiple passenger rail services.

Key provisions / dollar amounts

  • Total appropriation: $90,000,000 (nine sections of $10,000,000 each). Each section appropriates “$10,000,000, or so much as may be necessary” for a specific passenger rail service:
    • Chicago — Milwaukee, WI
    • Chicago — Madison, WI
    • Chicago — Rockford, IL
    • Chicago — Moline, IL
    • Chicago — Galesburg, IL — Quincy, IL
    • Chicago — Peoria, IL
    • Chicago — East St. Louis, IL
    • Chicago — Carbondale, IL
    • A 180 miles‑per‑hour high‑speed rail line (project not further specified in text)
  • Effective date: July 1, 2025.

Who is affected

  • Illinois Department of Transportation (recipient of appropriations).
  • Residents and travelers on the listed corridors; rail operators and local governments involved in project planning and implementation.

Procedural status & timing (as provided)

  • Various actions listed spanning Feb–July 2025. Specific entries include:
    • Arizona text: introduced Feb 18, 2025; status shows Rule 19(b) / Re‑referred to Rules Committee (07/01/2025).
    • Illinois text: introduced Feb 6, 2025; effective date listed July 1, 2025 in the text.
  • Because two different state texts appear under the same bill number, confirm with the relevant legislative clerk/official website which HB 2938 (state and version) you intend to track.

Potential impacts and considerations

  • Arizona bill: Targets homeownership assistance for long‑service public employees — could improve recruitment/retention in public safety and education but would require initial appropriations (not specified) and ongoing fund management; loan terms, underwriting, and budget exposure depend on Authority rules.
  • Illinois bill: Provides one‑time capital funding for multiple passenger rail corridors including a high‑speed rail line; supports rail expansion/modernization but actual project advancement depends on matching funds, planning, and contracts.

If you want, I can:
- Pull the official bill text/track status for either the Arizona or Illinois HB 2938 from the appropriate legislative website, or
- Produce a side‑by‑side comparison of the two texts and their timelines.

Compiled from official sources — confirm details with the bill’s official record.

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