1 | Representative Cannon offered the following: |
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3 | Amendment (with title amendment) |
4 | Remove lines 3616 -3622 and insert: |
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6 | (4)(a) The state allocation pool shall also be used to |
7 | provide written confirmations for private activity bonds that |
8 | are to be issued by state agencies, which bonds, notwithstanding |
9 | any other provisions of this part, shall receive priority in the |
10 | use of the pool available at the time the notice of intent to |
11 | issue such bonds is filed with the division. |
12 | (b) Notwithstanding the provisions of paragraph (a), on or |
13 | before November 15 of each year, the Florida Housing Finance |
14 | Corporation's access to the state allocation pool is limited to |
15 | the amount of the corporation's initial allocation under s. |
16 | 159.804. Thereafter, the corporation may not receive more than |
17 | 80 percent of the amount in the state allocation pool on |
18 | November 16 of each year and may not receive more than 80 |
19 | percent of any additional amounts that become available each |
20 | year. This subsection does not apply to the Florida Housing |
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26 | ----------------------------------------------------- |
27 | T I T L E A M E N D M E N T |
28 | Remove line 166 and insert: |
29 | employee housing; amending s. 159.807, F.S.; revising provisions |
30 | for allocating certain funds from the state allocation pool to |
31 | the Florida Housing Finance Corporation; providing limitations; |
32 | deleting a |
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