WILLIAM DONALD SCHAEFER, Governor Ch. 274

2. A local housing code containing
provisions that are equal to or exceed the provisions of the
State Minimum Livability Code.

(d) The terms and provisions for livability rehabilitation
loans shall satisfy the requirements of § 2-303(g) of this
subtitle.]

SECTION 4 5. AND BE IT FURTHER ENACTED, That on or before
November 1, 1989, the Department of Housing and Community
Development shall provide a written report to the Legislative
Policy Committee and the Department of Fiscal Services on the
consolidation of loan programs into the Rental Housing Programs
Fund, the Special Loan Programs Fund, and the Homeownership
Programs Fund. The report shall be a portfolio review and shall
include information regarding any transfer or proposed transfer
of moneys between funds, the type and number of projects served,
income and interest rates established, administrative costs,

default rates, geographic distribution of funds, and

recommendations regarding maximum limits on appropriations to the
three funds and maximum limits on the total amount of outstanding
loans allowable.

SECTION 6 AND BE IT FURTHER ENACTED, That on or before
November 1, 1989, the Department of Housing and Community
Development shall provide a written report to the Legislative
Policy Committee and the Department of a Fiscal Services on the
insurance programs of the Maryland Housing Fund. The report
shall include information on the types and amount of insurance
reserves, insurance issued, premiums charged and claims made, as
well as particular information on loans insured in accordance
with Article 83B, § 3-206 of the Code.

SECTION 5 7. AND BE IT FURTHER ENACTED, That § 2-313(k)
2-313(i) and (j) of this Act and the amendments to §§ 2-302(f)
and (s), 2-303(b), (c), and (h) (j), 2-305(b), and 2-313(a)
through (e), and (h) of this Act shall take effect July 1, 1989,

contingent on the taking effect of Chapter ____ (S.B. ____/H.B.

____)(91r0982), Chapter ____ (S.B. ____/H.B. ____)(91r0887), and

Chapter ____ (S.B. ____/H.B. ____)(91r1786) of the Acts of the

General Assembly of 1989, and if each of those Chapters does not
become effective, § 2-313(k) 2-313(i) and (j) of this Act and the
amendments to §§ 2-302(f) and (s), 2-303(b), (c), and (h) (j),
2-305(b), and 2-313(a) through (e), and (h) of this Act shall be
null and void without the necessity of further action by the
General Assembly.

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