995027
Florida Senate - 2012 Committee Amendment
SB7050 BTA 28
The Committee on Budget (Margolis) recommended the following LATE FILED
amendment:
Section: 06 EXPLANATION:
On Page: 279 Provides $5,000,000 from the Local Government
Housing Trust Fund (a part of the "Sadowsky Housing
Spec App: 2300A Funds") to the State Housing Initiatives Partnership
Program (SHIP) administered by the Florida Housing
Finance Corporation within the Department of
Economic Opportunity. These funds are to be used
for roof rehabilitation for Citizens Property
Insurance Corporation policy holders to help them
comply with requirements for continued insurance
coverage.
NET IMPACT ON: Total Funds General Revenue Trust Funds
Recurring - 0 0 0
Non-Recurring - 5,000,000 0 5,000,000
______________________________________________________________________________________
Positions & Amount Positions & Amount
DELETE INSERT
ECONOMIC OPPORTUNITY, DEPARTMENT OF
Program: Community Development
Florida Housing Finance Corporation 40300600
In Section 06 On Page 279
2300A Special Categories 105045
Grants And Aids - Housing Finance
Corporation (Hfc) - State Housing
Initiatives Partnership (Ship) Program IOED
2250 From Local Government Housing 5,000,000
Trust Fund
CA 5,000,000 FSI1NR 5,000,000
INSERT new line item 2300A with proviso immediately following that line
item:
Funds in Specific Appropriation 2300A shall be administered by the local
State Housing Initiatives Partnership Program entities and shall be used
exclusively for roof repairs for Citizens Property Insurance Corporation
995027 Log:0033 FEM/FEM 02/14/12 08:58:29 PM Senate Page: 1
policy holders whose roofs need rehabilitation in order to meet
requirements for continued insurance coverage.
995027 Log:0033 FEM/FEM 02/14/12 08:58:29 PM Senate Page: 2