| 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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