Sen. William R. Haine
Filed: 5/3/2010
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| 1 | AMENDMENT TO HOUSE BILL 5677
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| 2 | AMENDMENT NO. ______. Amend House Bill 5677 on page 1, | ||||||
| 3 | immediately below line 16, by inserting the following: | ||||||
| 4 | "For the purposes of this subsection (a), where funds in | ||||||
| 5 | the aggregate amount of $50,000 or greater are received from | ||||||
| 6 | any purchaser of residential real property, as defined in | ||||||
| 7 | paragraph (14) of Section 3 of this Act, the aggregate amount | ||||||
| 8 | may consist of good funds of less than $50,000 per paragraph, | ||||||
| 9 | as defined in paragraphs (3) and (5) of subsection (c) of this | ||||||
| 10 | Section and of up tp $5,000 in good funds, as defined in | ||||||
| 11 | paragraph (4) of subsection (c) of this Section.".
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