SB 268 - Justus, Jolie
Modifies provisions relating to the Missouri Housing Trust Fund
Bill Details
Sponsor
LR Number
1053S.03I
Title
SB 268
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2009
Committee
Current Status
Hearing Conducted S Progress and Development Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 268 - This act modifies provisions relating to the Missouri Housing Trust Fund.
The act increases one of the fees collected by each recorder of deeds from $3 to $10. Nine dollars of the ten dollar fee shall be deposited into the Missouri Housing Trust Fund. Six of the nine dollars deposited into the fund may be used for any of the authorized programs except homeless shelters, with an emphasis on activities encouraging home ownership. The remaining one dollar of the ten dollar fee shall be forwarded by the recorder to the county treasurer to be deposited into the county treasury for use by the recorder's office.
This act changes the median family income requirements that families must meet to qualify for Housing Trust Fund assistance and adjusts the amount of housing trust fund money that goes to persons in certain income classifications.
This act is similar to HB 279 (2009).
SUSAN HENDERSON MOORE