An Act financing the production and preservation of housing for low and moderate income residents

SENATE, Thursday, March 22, 2018 - The committee on Ways and Means, to whom was referred the House Bill financing the production and preservation of housing for low and moderate income residents (House, No. 4134) (the committee on Bonding, Capital Expenditures and State Assets having recommended that the bill be amended by striking out all after the enacting clause and inserting in place thereof the text of Senate document numbered 2317); reports, recommending that the same ought to pass with an amendment striking out all after the enacting clause and inserting in place thereof the text of Senate document numbered 2368. [Bond authorization: $1,800,000,000 Up to $10,000,000 in 2018 for credits issued against tax liability; Up to ($40,000,000 in savings from the non-issuance of tax credits]