2012 Session

Budget Amendments - HB30 (Committee Approved)

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Use of EZ Program Balances (language only)

Item 110 #1h

Item 110 #1h

Commerce And Trade
Housing and Community Development, Department of

Page 80, line 43, strike "Should actual grants to be awarded in each fiscal year be less than".
Page 80, strike line 44.
Page 80, line 45, strike "2014."
Page 80, line 48, after "Item." insert:
"Should actual grants awarded in each fiscal year be less than the amounts provided in this item, the excess shall not revert to the general fund but shall remain available to be used by the department for revitalization purposes."

(This amendment stipulates that any year-end balances in the Enterprise Zone program be retained by DHCD to be used for revitalization purposes.)