Quick Links
- Statewide Summary
- All Account Listing
- Local Aid - Section 3
- Outside Sections
- Downloads
- Navigation Guide
- Budget Glossary
- Helpful Links
70049315 - Low-Income Housing Tax Credit Fee Retained Revenue
Data Current as of: 7/11/2011
Account | Description | FY2011 Spending |
FY2012 GAA |
---|---|---|---|
7004-9315 | Low-Income Housing Tax Credit Fee Retained Revenue For the department of housing and community development which may expend for the administration and monitoring of the low-income housing tax credit and local administration programs an amount not to exceed $2,323,853 from revenue collected from fees collected under Executive Order No. 291, pertaining to low-income housing tax credits, for the costs of administering and monitoring the programs, including the costs of personnel, subject to the approval of the director of the department; provided, that notwithstanding any general or special law to the contrary and 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 | 2,323,853 |