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1999 SESSION

  • print version
(HB1722)

AMENDMENTS PROPOSED BY THE SENATE COMMITTEE ON FINANCE

    1. Page 1, engrossed, line 48, after is

      strike

        a Habitat For Humanity, Inc.,

      insert

        an organization exempt from taxation under § 501 (c) (3) of the Internal Revenue Code that is organized and operated primarily to acquire land and purchase materials to erect or rehabilitate low-cost homes on such land, which homes are sold at cost to persons who otherwise would be unable to afford to buy a home through conventional means,

    2. Page 2, engrossed, line 5, after 5.

      strike

        remainder of line 5 and all of line 6

      insert

        Securing a loan made by an organization described in subdivision 14 of subsection A of this section.