LRBa1174/1
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2007 - 2008 LEGISLATURE
SENATE AMENDMENT 3,
TO 2007 SENATE BILL 403
January 31, 2008 - Offered by Senator Lazich.
SB403-SA3,1,11 At the locations indicated, amend the bill as follows:
SB403-SA3,1,3 21. Page 2, line 12: delete "as provided in sub. (4a) (e)" and substitute "for
3residential housing
".
SB403-SA3,1,5 42. Page 2, line 17: delete "Any" and substitute "Any Except for residential
5housing, any
".
SB403-SA3,1,7 63. Page 3, line 4: delete the material beginning with that line and ending with
7page 4, line 11.
SB403-SA3,1,9 84. Page 4, line 13: delete "For purposes of sub. (4), "low-income" and substitute
9"In this subsection:".
SB403-SA3,1,10 105. Page 4, line 14: before "housing"" insert:
SB403-SA3,1,11 11"1. "Low-income".
SB403-SA3,1,13 126. Page 4, line 17: delete "(b) For purposes of this subsection and sub. (4),
13"low-income" and substitute "2. "Low-income".
SB403-SA3,2,2
17. Page 4, line 19: delete the material beginning with that line and ending with
2page 5, line 3, and substitute:
SB403-SA3,2,5 3"a. At least 75 percent of the occupied residential units are occupied by
4low-income or very low-income persons or are vacant and only available to such
5persons.
SB403-SA3,2,106 b. Either at least 20 percent of the residential units are rented to persons who
7are very low-income persons or are vacant and are only available to such persons;
8or at least 40 percent of the residential units are rented to persons whose income does
9not exceed 120 percent of the very low-income limit or are vacant and only available
10to such persons.
SB403-SA3,2,1511 (b) Property owned by a nonprofit organization that is used for low-income
12housing. Property owned by a nonprofit organization and used for a low-income
13housing project, including other low-income housing projects under common control
14with such project, shall be subject to a limitation of 30 acres and a limitation of 10
15contiguous acres in any one municipality.".
SB403-SA3,2,16 168. Page 5, line 8: delete "and sub. (4)".
SB403-SA3,2,18 179. Page 5, line 12: delete the material beginning with that line and ending with
18"(f)" on page 6, line 10, and substitute "(e)".
SB403-SA3,2,19 1910. Page 6, line 13: after "(a)" insert "1.".
SB403-SA3,2,20 2011. Page 6, line 16: after "contract" insert ", if applicable".
SB403-SA3,2,21 2112. Page 7, line 2: delete that line and substitute "under this subsection.".
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