Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2010 ENROLLED SENATE BILL NO. 747 BY SENATOR JACKSON AN ACT1 To enact R.S. 49:220.10, relative to housing needs in declared disaster areas as a result of2 hurricanes Katrina and Rita; to provide with respect to Road Home Program3 applicants whose claims were denied because of unresolved succession and4 inheritance issues; to provide certain terms, conditions, and procedures; to provide5 relative to disbursal of certain funding; to provide for an effective date; and to6 provide for related matters.7 Be it enacted by the Legislature of Louisiana:8 Section 1. R.S. 49:220.10 is hereby enacted to read as follows:9 ยง 220.10. Claims of certain Road Home Program applicants10 A. Notwithstanding any other provision of law to the contrary, those11 Road Home applicants whose claims were denied because of unresolved12 succession or inheritance issues shall be awarded a Road Home grant, together13 with a covenant restriction filed against the property to reserve the rights of the14 state of Louisiana, for any claims arising in favor of the state against the15 applicant subsequent to the awarding of the grant. The covenant restriction16 shall be satisfied and removed upon the occurrence of either of the following:17 (1) The signing of a judgment of possession in favor of the Road Home18 grant recipient subject to the covenant restriction.19 (2) The sale or transfer of the property subject to the covenant20 restriction by the Road Home grant recipient in which the purchaser, heir, or21 beneficiary receiving the property executes a mortgage in favor of the state, or22 secures a mortgage from a third party and repays the state the amount of the23 Road Home grant received for the property.24 B. The division of administration, office of community development, is25 authorized to investigate annually the ownership status of property subject to26 the provisions of Subsection A of this Section, in order to protect its financial27 ACT No. 1012 SB NO. 747 ENROLLED Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. interest in the property improved with funds from the Road Home grant1 program.2 C. Road Home funding for those applicants listed in Subsection A of this3 Section shall only be dispensed in accordance with revised program rules for the4 Road Home Program, as reflected in a duly amended Action Plan approved by5 the United States Department of Housing and Urban Development. In the event6 that the United States Department of Housing and Urban Development does not7 approve such amended Action Plan authorizing the use of funds in accordance8 with the provisions of Subsection A of this Section, Subsection A of this Section9 shall be without effect. 10 D. Nothing in this Section shall be deemed to create any right or cause11 of action.12 Section 2. R.S. 49:220.10 enacted by this Act shall not be affected by Section 5 of13 Act No. 5 of the 2006 First Extraordinary Session of the Louisiana Legislature, under which14 the statutory authority for the Louisiana Recovery Authority would cease.15 Section 3. This Act shall become effective upon signature by the governor or, if not16 signed by the governor, upon expiration of the time for bills to become law without signature17 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If18 vetoed by the governor and subsequently approved by the legislature, this Act shall become19 effective on the day following such approval.20 PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED: