H.B. 380 Enrolled

1

REPEAL OF HOUSING RELIEF EXPENDABLE SPECIAL
2 REVENUE FUND
3 2014 GENERAL SESSION
4 STATE OF UTAH
5 Chief Sponsor: Melvin R. Brown
6 Senate Sponsor: Lyle W. Hillyard
7
8 LONG TITLE
9 General Description:
10 This bill modifies provisions relating to the Housing Relief Expendable Special
11 Revenue Fund.
12 Highlighted Provisions:
13 This bill:
14 . repeals the provision that authorizes the Utah Housing Corporation to approve
15 grants to certain persons who purchase a newly constructed, never-occupied
16 residence in Utah using a 30-year fixed interest rate note and mortgage from funds
17 received as a result of the federal American Recovery and Reinvestment Act of
18 2009; and
19 . repeals the Housing Relief Expendable Special Revenue Fund.
20 Money Appropriated in this Bill:
21 None
22 Other Special Clauses:
23 None
24 Utah Code Sections Affected:
25 REPEALS:
26 35A-8-727 , as last amended by Laws of Utah 2013, Chapter 400
27 67-4-18 , as last amended by Laws of Utah 2013, Chapter 400
28
29 Be it enacted by the Legislature of the state of Utah:

30 Section 1. Repealer.
31 This bill repeals:
32 Section 35A-8-727 , New housing grants -- Reimbursement from Housing Relief
33 Expendable Special Revenue Fund.
34 Section 67-4-18 , Housing Relief Expendable Special Revenue Fund -- Payments to
35 Utah Housing Corporation.