5720 AMS KOHL SAND 003

SB 5720 - S AMD - 236

    By Senators Kohl-Welles and Shin

                              RULED WITHIN S/O - WITHDRAWN 3/16/99

    On page 2, line 38, after the word "section" insert the following:

"and that has a broad-based advisory board with representatives from the real estate industry, building and construction industry, financial institutions, local governments, and nonprofit organizations that are directly involved in the provision of affordable housing.  No single interest group may constitute more than thirty percent of the membership of the advisory board."

    Renumber the sections consecutively and correct any internal references accordingly.

                            --- END ---

Effect: Creates an advisory board, with representatives from industry and affordable housing groups.  No more than 30% of the advisory board will be comprised of any one interest group.