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Floor Packet Page No. 4
Amend HB 3 as follows:
(1) On page 2, lines 5, 10, and 12, strike the number "$1.25"
and insert the number "$1.26";
(2) On page 2, lines 14 and 15, strike the number "$1.21" and
insert the number "$1.22"; and
(3) On page 62, ARTICLE 11, insert a new section to read as
follows:
"SECTION 11.02. There is appropriated to the comptroller of
public accounts for each year of the biennium beginning September
1, 2005, an amount of general revenue that is equal to the levy of
$.01 of school district maintenance taxes on each $100 valuation of
taxable property for the purpose of providing down payment
assistance to first-time homeowners. The Comptroller may
administer the down payment assistance program or may enter into an
interagency agreement with another state agency for the
administration of the program. This section expires August 31,
2007."