| 1 | Representative Brummer offered the following: |
| 2 |
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| 3 | Amendment |
| 4 | Remove lines 264-291 and insert: |
| 5 | (9) The lesser of seven and fifty-three forty-five |
| 6 | hundredths percent of the remaining taxes collected under this |
| 7 | chapter or $85 million shall be paid into the State Treasury to |
| 8 | the credit of the State Housing Trust Fund and shall be used as |
| 9 | follows: |
| 10 | (a) Half of that amount shall be used for the purposes for |
| 11 | which the State Housing Trust Fund was created and exists by |
| 12 | law. |
| 13 | (b) Half of that amount shall be paid into the State |
| 14 | Treasury to the credit of the Local Government Housing Trust |
| 15 | Fund and shall be used for the purposes for which the Local |
| 16 | Government Housing Trust Fund was created and exists by law. |
| 17 | (10) The lesser of eight and sixty-six fifty-seven |
| 18 | hundredths percent of the remaining taxes collected under this |
| 19 | chapter or $108 million shall be paid into the State Treasury to |
| 20 | the credit of the State Housing Trust Fund and shall be used as |
| 21 | follows: |
| 22 | (a) Twelve and one-half percent of that amount shall be |
| 23 | deposited into the State Housing Trust Fund and be expended by |
| 24 | the Department of Community Affairs and by the Florida Housing |
| 25 | Finance Corporation for the purposes for which the State Housing |
| 26 | Trust Fund was created and exists by law. |
| 27 | (b) Eighty-seven and one-half percent of that amount shall |
| 28 | be distributed to the Local Government Housing Trust Fund and |
| 29 | shall be used for the purposes for which the Local Government |
| 30 | Housing Trust Fund was created and exists by law. Funds from |
| 31 | this category may also be used to provide for state and local |
| 32 | services to assist the homeless. |