Bill Text: MA H4042 | 2009-2010 | 186th General Court | Introduced

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Bill Title: The use of housing stabilization and investment trust funds for the soft second mortgage program, so-called

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2009-04-07 - Committee recommended ought to pass and referred to the House Committee On Ways and Means [H4042 Detail]

Download: Massachusetts-2009-H4042-Introduced.html

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The Commonwealth of Massachusetts

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PRESENTED BY:

Kevin G. Honan

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To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
                Court assembled:

                The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:

An Act relative to the homeownership opportunity program.

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PETITION OF:

 

Name:	District/Address:
Kevin G. Honan	17th Suffolk

 

The Commonwealth of Massachusetts

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In the Year Two Thousand and Nine

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An Act relative to the homeownership opportunity program.

                Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

            Subsection (b) of section 3 of chapter 121F of the General Laws, as added by chapter 119 of the acts of 2008, is hereby amended by striking clause (7) and inserting in place thereof the following clause:-

(7) notwithstanding the restrictions described in this chapter, monies provided for the fund may be used for the purposes of the soft second mortgage program described in item 3322-8880 of section 2 of chapter 110 of the acts of 1993.

 

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