995027 Florida Senate - 2012 Committee Amendment SB7050 BTA 28 The Committee on Budget(Margolis) recommended the following LATE FILED amendment:Section: 06 EXPLANATION: On Page: 279 Provides $5,000,000 from the Local Government Housing Trust Fund (a part of the "Sadowsky Housing Spec App: 2300A Funds") to the State Housing Initiatives Partnership Program (SHIP) administered by the Florida Housing Finance Corporation within the Department of Economic Opportunity. These funds are to be used for roof rehabilitation for Citizens Property Insurance Corporation policy holders to help them comply with requirements for continued insurance coverage. NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - 0 0 0 Non-Recurring - 5,000,000 0 5,000,000 ______________________________________________________________________________________ Positions & Amount Positions & Amount DELETE INSERT ECONOMIC OPPORTUNITY, DEPARTMENT OF Program: Community Development Florida Housing Finance Corporation 40300600 In Section 06 On Page 279 2300A Special Categories 105045 Grants And Aids - Housing Finance Corporation (Hfc) - State Housing Initiatives Partnership (Ship) Program IOED 2250 From Local Government Housing 5,000,000 Trust Fund CA 5,000,000 FSI1NR 5,000,000 INSERT new line item 2300A with proviso immediately following that line item: Funds in Specific Appropriation 2300A shall be administered by the local State Housing Initiatives Partnership Program entities and shall be used exclusively for roof repairs for Citizens Property Insurance Corporation995027 Log:0033 FEM/FEM 02/14/12 08:58:29 PM Senate Page: 1 policy holders whose roofs need rehabilitation in order to meet requirements for continued insurance coverage.995027 Log:0033 FEM/FEM 02/14/12 08:58:29 PM Senate Page: 2