HOUSE AMENDMENT
Bill No. HB 1971, 1st Eng.
Amendment No. ___ (for drafter's use only)
CHAMBER ACTION
Senate House
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5 ORIGINAL STAMP BELOW
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11 Representative(s) Harrington offered the following:
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13 Amendment (with title amendment)
14 On page 17, between lines 20 and 21 of the bill
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16 insert: Paragraph (b) of subsection (3) of section 403.1835,
17 Florida Statutes, is amended to read:
18 403.1835 Water pollution control financial
19 assistance.--
20 (3) The department may provide financial assistance
21 through any program authorized under s. 603 of the Federal
22 Water Pollution Control Act (Clean Water Act), Pub. L. No.
23 92-500, as amended, including, but not limited to, making
24 grants and loans, providing loan guarantees, purchasing loan
25 insurance or other credit enhancements, and buying or
26 refinancing local debt. This financial assistance must be
27 administered in accordance with this section and applicable
28 federal authorities. The department shall administer all
29 programs operated from funds secured through the activities of
30 the Florida Water Pollution Control Financing Corporation
31 under s. 403.1837, to fulfill the purposes of this section.
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File original & 9 copies 05/02/01
hep0001 10:38 am 01971-0072-283883
HOUSE AMENDMENT
Bill No. HB 1971, 1st Eng.
Amendment No. ___ (for drafter's use only)
1 (b) The department may make or request the corporation
2 to make loans, grants, and deposits to other entities eligible
3 to participate in the financial assistance programs authorized
4 under the Federal Water Pollution Control Act, or as a result
5 of other federal action, which entities may pledge any revenue
6 available to them to repay any funds borrowed. Notwithstanding
7 s. 18.10, the department may make deposits to financial
8 institutions that earn less than the prevailing rate for
9 United States Treasury securities with corresponding
10 maturities for the purpose of enabling such financial
11 institutions to make below-market interest rate loans to
12 entities qualified to receive loans under this section and the
13 rules of the department.
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17 And the title is amended as follows:
18 On page 2, line 7
19 remove from the title of the bill: all of said line
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21 and insert in lieu thereof:
22 the resolution of tie votes; amending s.
23 403.1835, F.S.; providing for below-market
24 interest rate loans to qualified entities;
25 providing an
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File original & 9 copies 05/02/01
hep0001 10:38 am 01971-0072-283883