SF 142

as introduced - 91st Legislature, 2020 1st Special Session (2019 - 2020) Posted on 06/20/2020 08:13am

A bill for an act
relating to housing; providing an extension for the issuance of certain housing
bonds.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin HOUSING BOND ISSUE EXTENSION.
new text end

new text begin Notwithstanding the requirement in Minnesota Statutes, section 474A.061, subdivision
2a, that an issuer must issue obligations equal to all or a portion of an allocation received
from the housing pool on or before 180 days of the allocation, for allocations made between
January 1, 2020, and the last Monday in June 2020, an issuer will have until December 1,
2020, to issue obligations equal to all or a portion of the allocation.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end