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1999 Session

Budget Amendments - HB1450 (Member Request)

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Chief Patron: DeBoer
Abandon Housing Fund

Item 92 #14h

Item 92 #14h

First Year - FY1999 Second Year - FY2000
Commerce And Trade
Housing and Community Development, Department of FY1999 $0 FY2000 $500,000 GF

Language
Page 71, line 14, strike "$60,897,753" and insert "$61,397,753".
Page 75, after line 7, insert:
"M.  Out of the amounts in this Item shall be provided $500,000 the second year from the general fund for the Abandon Housing Fund.  Funds shall be used to assist cities with a population of 50,000 or greater, to provide financial assistance for the acquisition, demolition, clearing or rehabilitation of abandon structures.  Funds shall be provided on a 100 percent matching basis with a cap not to exceed $75,000 per locality."


Explanation
(This amendment is self-explanatory.)