Text: HF02421                           Text: HF02423
Text: HF02400 - HF02499                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index



House File 2422

Partial Bill History

Bill Text

PAG LIN
  1  1                                           HOUSE FILE 2422
  1  2                             AN ACT
  1  3 RELATING TO FUNDING OF THE LOCAL HOUSING ASSISTANCE
  1  4    PROGRAM AND PROVIDING AN EFFECTIVE DATE.
  1  5 
  1  6 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  1  7 
  1  8    Section 1.  Section 16.10, subsection 1, Code 1999, is
  1  9 amended to read as follows:
  1 10    1.  Moneys declared by the authority to be surplus moneys
  1 11 which are not required to service bonds and notes issued by
  1 12 the authority, to pay administrative expenses of the
  1 13 authority, or to accumulate necessary operating or loss
  1 14 reserves, shall be used by the authority to provide grants,
  1 15 subsidies, and services to lower income families and very low
  1 16 income families through the programs authorized in this
  1 17 chapter or to provide funds for the residential mortgage
  1 18 interest reduction program established pursuant to section
  1 19 16.81.  In addition, the authority may use such surplus moneys
  1 20 to provide assistance to the local housing assistance program
  1 21 established in sections 15.351 through 15.354 for purposes of
  1 22 providing assistance to low and moderate income families.
  1 23 Surplus moneys shall not be used for infrastructure or
  1 24 administration purposes under the local housing assistance
  1 25 program.
  1 26    Sec. 2.  EFFECTIVE DATE.  This Act, being deemed of
  1 27 immediate importance, takes effect upon enactment.  
  1 28 
  1 29 
  1 30                                                             
  1 31                               BRENT SIEGRIST
  1 32                               Speaker of the House
  1 33 
  1 34 
  1 35                                                             
  2  1                               MARY E. KRAMER
  2  2                               President of the Senate
  2  3 
  2  4    I hereby certify that this bill originated in the House and
  2  5 is known as House File 2422, Seventy-eighth General Assembly.
  2  6 
  2  7 
  2  8                                                             
  2  9                               ELIZABETH ISAACSON
  2 10                               Chief Clerk of the House
  2 11 Approved                , 2000
  2 12 
  2 13 
  2 14                               
  2 15 THOMAS J. VILSACK
  2 16 Governor
     

Text: HF02421                           Text: HF02423
Text: HF02400 - HF02499                 Text: HF Index
Bills and Amendments: General Index     Bill History: General Index

Return To Home index


© 2000 Cornell College and League of Women Voters of Iowa


Comments about this site or page? webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.

Last update: Mon Aug 28 13:36:55 CDT 2000
URL: /DOCS/GA/78GA/Legislation/HF/02400/HF02422/000327.html
jhf