HB 7111: Funding from the National Mortgage Settlement
GENERAL BILL by Appropriations Committee ; Hooper
Funding from the National Mortgage Settlement; Provides appropriation from General Revenue Fund to Florida Housing Finance Corporation to fund housing down payment assistance loans; provides distribution requirements; provides requirements for loan recipients; provides for loan forgiveness under certain conditions; provides appropriation from General Revenue Fund to Florida Housing Finance Corporation, Florida Prepaid Tuition Scholarship Program, state courts system, clerks of court, DCF, for certain purposes; provides appropriation from General Revenue Fund DEO to provide grant to Habitat for Humanity of Florida for certain purposes; provides requirements for Habitat for Humanity of Florida; provides financial audit reporting requirements; requires certain funds to be repaid by Habitat for Humanity of Florida to DFS for deposit in State Housing Trust Fund; authorizes Office of Attorney General to establish, coordinate, & promote advertising campaign for certain purposes; provides appropriation to Office of Attorney General for certain purposes; provides that certain funds appropriated in this act are not subject to reversion until specified date; provides contingent effective date. APPROPRIATION: $200,000,000
Last Action: 4/29/2013 House - Laid on Table, companion bill(s) passed, see SB 1852 (Ch. 2013-106) -HJ 963
Bill Text: PDF