Amend the bill in section 2 in Sec. 1-A in subsection 4 in the first line (page 2, line 12 in L.D.) by inserting after the following: " notification" the following: ' from the Maine State Housing Authority'

Amend the bill in section 2 in Sec. 1-A in subsection 5 in the 2nd line (page 2, line 16 in L.D.) by inserting after the following: " notification" the following: ' from the Maine State Housing Authority'

SUMMARY

This amendment is the majority report of the committee. The bill lists 5 conditions under which the Treasurer of State is not required to expedite the issuance of the bonds to provide funding for the construction of new energy-efficient affordable homes and the adaptive reuse of structures of homes for low-income households headed by a person 55 years of age or older. Two of those conditions are the receipt of notification that the project is not proceeding and the receipt of notification that alternative funding is available. This amendment specifies that the notification of either of these conditions must be from the Maine State Housing Authority.