SB 6213-S - DIGEST

(AS OF SENATE 2ND READING 2/10/94)

     Provides that moneys from repayments of loans from appropriations from capital bond proceeds may be used for all activities necessary for the proper functioning of the housing trust fund.

     Includes federally recognized Indian tribes in the organizations authorized to receive assistance.

     Requires recipients to be in compliance with state revenue and taxation laws at the time of a grant or loan.