HOUSE BILL 1410 |
HOUSE AUTHOR: Hill |
EFFECTIVE: 06-20-97 |
SENATE SPONSOR: Ellis |
House Bill 1410 amends the Development Corporation Act of 1979 to include certain projects related to affordable housing as qualifying economic development projects under Section 4B of the act. The act requires the board of directors of Section 4A and 4B corporations to meet certain reporting requirements and provides a penalty for noncompliance.