1999 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Hawkins
Abandoned Housing Fund

Item 92 #6s

Item 92 #6s

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 Abandoned Housing Fund.  Funds shall be provided on a 50 percent matching basis with a cap not to exceed $200,000 per locality.".

(This amendment provides $2.0 million of general fund support to re-capitalize the Abandoned Housing Fund. Budget language increases the maximum allotment from $100,000 to $200,000 per locality. State dollars are required to be matched.)