SB76

This amendment fundamentally redirects the bill by removing the original mechanism to transfer housing fund money to an economic development fund and instead allows the housing authority itself to make zero-percent loans directly to airport operators for infrastructure improvements, with repayment going back into the housing fund. The bill was extensively rewritten (hoghoused), shifting from a fund transfer approach to a direct loan program administered by the state authority rather than the Board of Economic Development.

The amendment changed the interest rate on airport infrastructure loans from zero percent to two percent per year, which weakens the financial benefit to airport borrowers by requiring them to pay actual interest on the loans.

The amendment transitions the bill from its engrossed form (which included a "hoghouse" warning that it had been extensively amended and may no longer reflect the sponsor's original intent) to its final enrolled version, removing all the legislative process language and line numbers while keeping the substantive provisions intact—authorizing loans up to fifteen million dollars per recipient from the housing infrastructure fund for airport infrastructure in metropolitan areas with populations of at least 125,000. This is a procedural finalization with no change to the bill's actual purpose or substance.

Other amendments

• Spencer Gosch76E