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Rep. David E. Miller
Filed: 3/24/2009
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09600HB0264ham002 |
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LRB096 03466 RLJ 24355 a |
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| AMENDMENT TO HOUSE BILL 264
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| AMENDMENT NO. ______. Amend House Bill 264 on page 24, |
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| immediately below line 12, by inserting the following: |
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| "(c) Not less than 30 days prior to the commitment to issue |
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| bonds, notes, or other evidences of indebtedness for the |
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| purpose of developing, constructing, acquiring, or improving |
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| housing or residential projects, as defined in this Act, the |
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| Authority shall provide notice to the Executive Director of the |
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| Illinois Housing Development Authority. Within 30 days after |
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| the notice is provided, the Illinois Housing Development |
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| Authority shall, in writing, either express interest in |
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| financing the project or notify the Authority that it is not |
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| interested in providing financing and that the Authority may |
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| finance the project or seek alternative financing.".
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