Sen. Jeffrey M. Schoenberg

Filed: 3/19/2004

 

 


 

 


 
09300SB2724sam001 LRB093 19551 AMC 48765 a

1
AMENDMENT TO SENATE BILL 2724

2     AMENDMENT NO. ______. Amend Senate Bill 2724, on page 2,
3 immediately below line 1, by inserting the following:
4     "Area median household income" means the median household
5 incomes adjusted for family size for applicable income limit
6 areas as determined annually by the federal Department of
7 Housing and Urban Development under Section 8 of the United
8 States Housing Act of 1937."; and
 
9 on page 2, by replacing lines 21 through 23 with the following:
10 "area median gross household income for households of the same
11 size within the county in which the housing is located."; and
 
12 on page 2, by replacing lines 29 through 32 with the following:
13 "50% but does not exceed 80% of the area median gross household
14 income for households of the same size within the county in
15 which the housing is located."; and
 
16 on page 4, line 4, after the period, by inserting "Upon
17 publishing a list of exempt and non-exempt local governments,
18 the Illinois Housing Development Authority shall notify a local
19 government that it is not exempt from the operation of this Act
20 and provide to it the data used to calculate its
21 determination."; and
 
22 on page 4, line 13, by replacing "January 1, 2005" with "April

 

 

09300SB2724sam001 - 2 - LRB093 19551 AMC 48765 a

1 1, 2005"; and
 
2 on page 5, line 3, by replacing "January 1, 2005" with "April
3 1, 2005".