 |
| Department of Housing and Community Development | | Department of Housing and Community Development | | Account |
Description |
FY06
GAA |
FY07
House 2 |
| | | Low-Income Housing Tax Credit Fee Retained Revenue |
| | 7004-9315 |
The department of housing and community development is hereby authorized to expend for the administration and monitoring of the low-income housing tax credit and local administration programs an amount not to exceed $2,000,000 from fees collected pursuant to said programs; provided, that notwithstanding the provisions of any general or special law to the contrary, for the purpose of accommodating timing discrepancies between the receipt of retained revenues and related expenditures, the department may incur expenses and the comptroller may certify for payment amounts not to exceed the lower of this authorization or the most recent revenue estimate therefor as reported in the state accounting system |
1,500,000 |
2,000,000 |
| |
| |
| | Increased appropriation to equal projected retained revenue. |
|
|
