1999 Session

Budget Amendments - HB1450 (Member Request)

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Chief Patron: Bryant
Co-Patron(s): Clement, Hall, Melvin, Robinson
Abandon Housing Fund

Item 92 #4h

Item 92 #4h

First Year - FY1999 Second Year - FY2000
Commerce And Trade
Housing and Community Development, Department of FY1999 $0 FY2000 $2,000,000 GF

Page 71, line 14, strike "$60,897,753" and insert "$62,897,753".
Page 75, after line 7, insert:
"M.  Out of the amounts in this Item shall be provided $2,000,000 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 $200,000 per locality."

(This amendment is self-explanatory.)