SB2724sam002 93RD GENERAL ASSEMBLY

Sen. Jeffrey M. Schoenberg

Filed: 3/31/2004

09300SB2724sam002 LRB093 19551 AMC 49475 a

AMENDMENT TO SENATE BILL 2724

AMENDMENT NO. ______. Amend Senate Bill 2724, on page 2, immediately below line 1, by inserting the following:

"Area median household income" means the median household incomes adjusted for family size for applicable income limit areas as determined annually by the federal Department of Housing and Urban Development under Section 8 of the United States Housing Act of 1937."; and

on page 2, by replacing lines 21 through 23 with the following:

"area median gross household income for households of the same size within the county in which the housing is located."; and

on page 2, by replacing lines 29 through 32 with the following: "50% but does not exceed 80% of the area median gross household income for households of the same size within the county in which the housing is located."; and

on page 4, line 4, after the period, by inserting "Upon publishing a list of exempt and non-exempt local governments, the Illinois Housing Development Authority shall notify a local government that it is not exempt from the operation of this Act and provide to it the data used to calculate its determination."; and

on page 4, line 13, by replacing "January 1, 2005" with "April 1, 2005"; and

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

on page 5, by deleting lines 11 through 35; and

by deleting all of page 6; and

on page 7, by deleting line 1.