Governor Deval Patrick's Budget Recommendation - House 1 Fiscal Year 2012

Governor's Budget Recommendation FY 2012

7004-9315 - Low-Income Housing Tax Credit Fee Retained Revenue




Account Description FY2011
GAA
FY2012
House 1
7004-9315 Low-Income Housing Tax Credit Fee Retained Revenue
The department of housing and community development may expend for the administration and monitoring of the low-income housing tax credit and local administration programs an amount not to exceed $2,323,852 from fees collected under those programs; provided, that notwithstanding 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, as reported in the state accounting system
2,323,853 2,323,852

 
 


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