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This legislation would exempt the State Housing Trust Fund and the Local Government Housing Trust Fund (also known as the Sadowski Housing Trust Fund) from a provision that allows the transfer of unappropriated cash balances into either the Budget Stabilization Fund or General Revenue Fund. In other words, this would block the State legislature from “sweeping” the Sadowski Housing Trust Fund for other purposes.
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This legislation would exempt the State Housing Trust Fund and the Local Government Housing Trust Fund (also known as the Sadowski Housing Trust Fund) from a provision that allows the transfer of unappropriated cash balances into either the Budget Stabilization Fund or General Revenue Fund. In other words, this would block the State legislature from “sweeping” the Sadowski Housing Trust Fund for other purposes.
This legislation would exempt the State Housing Trust Fund and the Local Government Housing Trust Fund (also known as the Sadowski Housing Trust Fund) from a provision that allows the transfer of unappropriated cash balances into either the Budget Stabilization Fund or General Revenue Fund. In other words, this would block the State legislature from “sweeping” the Sadowski Housing Trust Fund for other purposes.
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This legislation would exempt the State Housing Trust Fund and the Local Government Housing Trust Fund (also known as the Sadowski Housing Trust Fund) from a provision that allows the transfer of unappropriated cash balances into either the Budget Stabilization Fund or General Revenue Fund. In other words, this would block the State legislature from “sweeping” the Sadowski Housing Trust Fund for other purposes.