COMMITTEE ON APPROPRIATIONS
HOUSE OF REPRESENTATIVES AMENDMENTS TO H.B. 2329
(Reference to printed bill)
Page 1, line 4, strike "First-generation" insert "First-time"
Line 5, strike "definitions" insert "definition"
Line 6, strike "first-generation" insert "first-time"
Line 7, after "appropriations" insert ", gifts, grants and other monies"
Strike line 11
Line 12, strike the first "assistance" insert "provide LOANS, in conjunction with participating counties, cities and towns, to ELIGIBLE first-time home buyers"; strike "to"
Line 13, strike "eligible first-generation home buyers. an entity's" insert ". the department's"
Lines 14, 15, 17, 19, 21 and 22, strike "first-generation" insert "first-time"
Line 26, strike "An entity" insert "The department"; after "assistance" insert "in conjunction with the county, city or town in which the home is located"
Lines 27 and 29, strike "first-generation" insert "first-time"
Between lines 38 and 39, insert:
"D. The department may only provide loans to first-time home buyers if the county, city or town in which the home is LOCATED contributes the following proportion to the down payment assistance loan:
1. For a county with a population of four hundred thousand persons or more, fifty percent.
2. For a county with a population of less than four hundred thousand persons, twenty-five percent.
3. For A city or town with a population of seventy-five thousand persons or more, fifty percent.
4. For A city or town with a population of less than seventy-five thousand persons, TWENTY-five percent."
Reletter to conform
Page 1, line 39, strike "first-generation" insert "first-time"
Page 2, lines 1 and 3, strike "first-generation" insert "first-time"
Line 24, strike the colon
Line 25, strike "1." insert a comma; strike "first-generation" insert "first-time"
Line 26, strike "(a)" insert "1."
Line 28, strike "(b)" insert "2."
Between lines 29 and 30, insert:
"3. Who has not owned a home during the previous five years."
Line 30, strike "(c)" insert "4."
Strike lines 31 through 34
Line 38, strike "first-generation" insert "first-time"
Line 40, strike "$12,000,000" insert "$8,000,000"
Lines 41 and 44, strike "first-generation" insert "first-time"
Amend title to conform