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2003 - 2004 LEGISLATURE
ASSEMBLY AMENDMENT 1,
TO 2003 SENATE BILL 497
March 11, 2004 - Offered by Representatives Morris and Young.
SB497-AA1,1,11 At the locations indicated, amend the bill as follows:
SB497-AA1,1,3 21. Page 1, line 8: after "programs" delete the material inserted by senate
3amendment 1.
SB497-AA1,1,5 42. Page 3, line 16: delete the material inserted by senate amendment 1, and
5substitute the following material, which was deleted by senate amendment 1:
SB497-AA1,1,7 6" Section 3. 234.18 (1) of the statutes is renumbered 234.18 and amended to
7read:
SB497-AA1,1,11 8234.18 Limit on amount of outstanding bonds and notes. The authority
9shall not have outstanding at any one time notes and bonds for any of its corporate
10purposes in an aggregate principal amount exceeding $325,000,000 $475,000,000,
11excluding bonds and notes issued to refund outstanding notes and bonds.
SB497-AA1, s. 4 12Section 4. 234.18 (3) of the statutes is repealed.".
SB497-AA1,2,2
13. Page 4, line 6: delete the material inserted by senate amendment 1, and
2substitute the following material, which was deleted by senate amendment 1:
SB497-AA1,2,3 3" Section 6. 234.40 (4) of the statutes is amended to read:
SB497-AA1,2,84 234.40 (4) The limitations established in ss. 234.18 (1), 234.50, 234.60, 234.61,
5234.65, and 234.66 are not applicable to bonds issued under the authority of this
6section. The authority may not have outstanding at any one time bonds for veterans
7housing loans in an aggregate principal amount exceeding $61,945,000, excluding
8bonds being issued to refund outstanding bonds.".
SB497-AA1,2,10 94. Page 6, line 12: after that line, insert the following material, which was
10deleted by senate amendment 1:
SB497-AA1,2,11 11" Section 17. 234.50 (4) of the statutes is amended to read:
SB497-AA1,2,1812 234.50 (4) The limitations established in ss. 234.18 (1), 234.40, 234.60, 234.61,
13234.65, and 234.66 are not applicable to bonds issued under the authority of this
14section. The authority may not have outstanding at any one time bonds for housing
15rehabilitation loans in an aggregate principal amount exceeding $100,000,000,
16excluding bonds being issued to refund outstanding bonds. The authority shall
17consult with and coordinate the issuance of bonds with the building commission prior
18to the issuance of bonds.".
SB497-AA1,2,20 195. Page 6, line 22: delete the material inserted by senate amendment 1, and
20substitute the following material, which was deleted by senate amendment 1:
SB497-AA1,2,21 21" Section 19. 234.59 (3) (a) of the statutes is repealed.".
SB497-AA1,2,23 226. Page 7, line 10: after that line, insert the following material, which was
23deleted by senate amendment 1:
SB497-AA1,2,24 24" Section 23. 234.60 (2) of the statutes is amended to read:
SB497-AA1,3,2
1234.60 (2) The limitations in ss. 234.18 (1), 234.40, 234.50, 234.61, 234.65, and
2234.66 do not apply to bonds or notes issued under this section.
SB497-AA1, s. 24 3Section 24. 234.61 (1) of the statutes is amended to read:
SB497-AA1,3,114 234.61 (1) Upon the authorization of the department of health and family
5services, the authority may issue bonds or notes and make loans for the financing of
6housing projects which are residential facilities as defined in s. 46.28 (1) (d) and the
7development costs of those housing projects, if the department of health and family
8services has approved the residential facilities for financing under s. 46.28 (2). The
9limitations in ss. 234.18 (1), 234.40, 234.50, 234.60, 234.65, and 234.66 do not apply
10to bonds or notes issued under this section. The definition of "nonprofit corporation"
11in s. 234.01 (9) does not apply to this section.
SB497-AA1, s. 25 12Section 25. 234.65 (1) (b) of the statutes is amended to read:
SB497-AA1,3,1413 234.65 (1) (b) The limits in ss. 234.18 (1), 234.40, 234.50, 234.60, 234.61, and
14234.66 do not apply to bonds or notes issued under this section.
SB497-AA1, s. 26 15Section 26. 234.66 (3) (b) of the statutes is amended to read:
SB497-AA1,3,1716 234.66 (3) (b) The limits in ss. 234.18 (1), 234.40, 234.50, 234.60, 234.61, and
17234.65 do not apply to bonds or notes issued under this section.".
SB497-AA1,3,19 187. Page 8, line 11: after that line, delete the material inserted by senate
19amendment 1.
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