1. Amend page 21, line 13, after “$” by striking out “30,000,000.00” and inserting “15,000,000.00”.
2. Amend page 21, line 19, after “$” by striking out “510,000,000.00” and inserting “5,000,000.00”.
3. Amend page 21, line 25, after “$” by striking out “5,000,000.00” and inserting “1,000,000.00”.
4. Amend page 22, line 2, after “$” by striking out “2,000,000.00” and inserting “1,000,000.00”.
The amendments were not adopted, a majority of the members serving not voting therefor.
Senator Huizenga offered the following amendment:
1. Amend page 25, following line 16, by inserting:
“(f) Create and administer a grant program that will expend up to $5,000,000.00 for the purpose of assisting Michigan homeowners by covering any increase in mortgage payments to Fannie Mae or Freddie Mac as a result of the federal housing finance agency’s redesigned and recalibrated fee matrices, announced by the federal housing finance agency on October 24, 2022 and implemented on May 1, 2023. Grants shall be provided to Michigan homeowners of single family homes upon application for the difference in rate charges as a result of any fee restructuring implemented by the federal housing finance agency implemented in the calendar year 2023.”.
The question being on the adoption of the amendment,
Senator Lauwers requested the yeas and nays.
The yeas and nays were ordered, 1/5 of the members present voting therefor.
The amendment was not adopted, a majority of the members serving not voting therefor, as follows: