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2010 Session

Budget Amendments - SB30 (Committee Approved)

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Eliminate Mortgage Counseling Services

Item 99 #4s

Item 99 #4s

First Year - FY2011 Second Year - FY2012
Commerce And Trade
Housing and Community Development, Department of FY2011 $0 FY2012 ($250,000) GF

Language
Page 55, line 18, strike "$48,903,368" and insert "$48,653,368".
Page 56, line 2, strike "and $250,000 the second year".


Explanation
(This amendment eliminates the second year appropriation for mortgage counseling services. This program was initiated in 2010 to address the increasing rate of mortgage foreclosures and was intended to be temporary. It is projected that the number of foreclosures statewide will be reduced by the second year of the biennium.)