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MN HF9

Bill

Status

Introduced

6/12/2020

Primary Sponsor

Alice Hausman

Click for details

Origin

House of Representatives

91st Legislature 2020 1st Special Session

AI Summary

  • Extends the deadline for housing bond issuance from 180 days to December 1, 2020, for allocations made between January 1, 2020, and the last Monday in June 2020.
  • Overrides the requirement in Minnesota Statutes, section 474A.061, subdivision 2a, that issuers must issue obligations equal to all or a portion of housing pool allocations within 180 days.
  • Applies only to allocations received during the specified six-month window in 2020.
  • Becomes effective the day following final enactment.

Legislative Description

Housing bond issuance extension provided.

Last Action

House rule 1.21, placed on Calendar for the Day Friday, June 19, 2020

6/19/2020

Committee Referrals

Housing Finance and Policy6/12/2020

Full Bill Text

No bill text available