General Bill
Low-Income and Moderate-Income Homeowners:
Authorizes counties to establish fund for providing no-interest loans to assist low-income & moderate-income homeowners in paying homeowners' insurance premiums; authorizes governing authority of county to levy surtaxes on building-related permits to finance assistance fund; limits amount families may receive from fund in any year; requires loans to be repaid if homestead is sold or refinanced; requires proceeds from refinancing or selling homestead to be deposited back into fund; provides ordinance requirements; specifies amount of surtaxes; limits uses of fund; provides for program to be adopted initially by governing authority of specified constitutional charter counties & for later adoption in remaining counties of state.
Effective Date:
July 1, 2010
Last Event:
Died in Military & Local Affairs Policy Committee on Friday, April 30, 2010 6:59 PM
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Subject
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Relationship
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Bill #:
SB 928
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Subject:
Low-income and Moderate-income Homeowners [EPSC]
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Relationship:
Identical
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