HB2440 Summary

• Establishes a transitional housing benefit for surviving spouses or dependents of law enforcement officers and firefighters killed in the line of duty.

• Provides monthly payments up to $5,000 for up to one year to cover residential mortgage or lease costs for a primary residence, deposited into a third-party managed escrow account.

• Creates the Transitional Housing Benefit Fund administered by the Office of the Governor, consisting of appropriated monies and donations from public or private sources.

• Defines "killed in the line of duty" as death that is the direct and proximate result of performing duties, excluding suicide.

• Appropriates $500,000 from the state general fund for fiscal year 2020-2021, with the appropriation exempt from lapsing provisions.