SB686 H FIN AMT

Chakmakian 3260

The Committee on Finance moved to amend the bill by striking out the title and substituting therefor a new title, to read as follows:

S.B. 686 -- “A Bill to amend and reenact §31-18-6 and §31-18-9 of the Code of West Virginia, 1931, as amended, relating to the West Virginia Housing Development Fund; providing certain limits on loans made or purchased with the proceeds of notes or bonds of the Housing Development Fund; and authorizing the Housing Development Fund to allocate a portion of its  state ceiling allocation to political subdivisions or city or county housing authorities authorized to issue bonds or notes for qualified residential rental projects under certain circumstances.”

Adopted

Rejected