Amendment
Bill No. CS/HB 7129
Amendment No. 014629
CHAMBER ACTION
Senate House
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1Representative 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
7provide written confirmations for private activity bonds that
8are to be issued by state agencies, which bonds, notwithstanding
9any other provisions of this part, shall receive priority in the
10use of the pool available at the time the notice of intent to
11issue such bonds is filed with the division.
12     (b)  Notwithstanding the provisions of paragraph (a), on or
13before November 15 of each year, the Florida Housing Finance
14Corporation's access to the state allocation pool is limited to
15the amount of the corporation's initial allocation under s.
16159.804. Thereafter, the corporation may not receive more than
1780 percent of the amount in the state allocation pool on
18November 16 of each year and may not receive more than 80
19percent of any additional amounts that become available each
20year. This subsection does not apply to the Florida Housing
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T I T L E  A M E N D M E N T
28     Remove line 166 and insert:
29employee housing; amending s. 159.807, F.S.; revising provisions
30for allocating certain funds from the state allocation pool to
31the Florida Housing Finance Corporation; providing limitations;
32deleting a
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CODING: Words stricken are deletions; words underlined are additions.