Hint: To avoid truncation when printing, be sure your software is set to print in Landscape Orientation. Adjust font size as needed.

Indicates Matter Stricken
Indicates New Matter

13     SECTION 20 - L32 - HOUSING, FINANCE AND DEVELOPMENT AUTHORITY
14
15          20.1.   (HFDA: Federal Rental Assistance Administrative Fee Carry Forward)  All federal rental assistance administrative fees shall be
16     carried forward to the current fiscal year for use by the Authority in the administration of the federal programs under contract with the
17     Authority.  No State funds are to be used in the administration of these programs.
18          20.2.   (HFDA: Program Expenses Carry Forward)  For the prior fiscal year monies withdrawn from the Authority's various bond-
19     financed trust indentures and resolutions, which monies are deposited with the State Treasurer to pay program expenses, may be carried
20     forward by the Authority into the current fiscal year.  By October 1, of the current fiscal year, a report shall be submitted to the Senate
21     Finance Committee and the House Ways and Means Committee, detailing the amount carried forward and a detailed budget for its
22     expenditure.
23