Bill Number: S.B. 1394
Carter Floor Amendment
Reference to: APPROPRIATIONS Committee amendment
Amendment drafted by: Liam Maher
FLOOR AMENDMENT EXPLANATION
1. Prohibits the Governor, President of the Senate and the Speaker of the House of Representatives from appointing more than two members of the same political party on to the Affordable Housing Tax Credit Review Committee (Committee).
2. Adds the number of housing units developed and the average income of residents offered housing units to the requirements the Committee reviews.
3. Changes the sunset date for the Affordable Housing Tax Credit from December 31, 2029, to December 31, 2027.
Second Regular Session S.B. 1394
CARTER FLOOR AMENDMENT
SENATE AMENDMENTS TO S.B. 1394
(Reference to APPROPRIATIONS Committee amendment)
Page 5, line 10, after "governor" insert ", not more than two of whom are members of the same political party"
Line 11, after "senate" insert ", not more than two of whom are members of the same political party"
Line 13, after "representatives" insert ", not more than two of whom are members of the same political party"
Between lines 30 and 31, insert:
"4. The number of housing units generated as a result of the tax credit and the average income of residents offered housing units."
Page 8, line 27, strike "2029" insert "2027"
Page 9, line 2, strike "2029" insert "2027"
Amend title to conform