SB1747sam004 102ND GENERAL ASSEMBLY

Sen. Melinda Bush

Filed: 5/4/2021

10200SB1747sam004 LRB102 12964 HLH 26056 a

AMENDMENT TO SENATE BILL 1747

AMENDMENT NO. ______. Amend Senate Bill 1747, AS AMENDED, with reference to page and line numbers of Senate Amendment No. 2, on page 9, line 19, by replacing "July 31," with "July 31, 2021,"; and

on page 21, immediately below line 20, by inserting the following:

"(e) If the Department determines that 80% or more of the businesses receiving tax incentives because of their location within a particular Energy Transition Zone failed to submit the information required under subsection (a) to the Department of Revenue in any calendar year, then the Energy Transition Zone may be decertified by the Department. If the Department is able to determine that specific businesses are failing to submit to the Zone Administrator the information required under subsection (a) to be submitted to the Department of Revenue, regardless of the Administrator's efforts to enforce reporting, the Department may, in its discretion, suspend the benefits to the specific business rather than decertifying the particular Energy Transition Zone."; and

on page 21, line 21, by replacing "(f)" with "(e)"; and

on page 46, line 2, by replacing "curation" with "duration"; and

on page 50, line 1, by replacing "(C)" with "(D)"; and

by deleting everything from line 10 on page 75 through line 14 on page 79.