|
Rep. Jay Hoffman
Filed: 3/13/2013
| | 09800HB2509ham001 | | LRB098 10094 JLS 42370 a |
|
|
| 1 | | AMENDMENT TO HOUSE BILL 2509
|
| 2 | | AMENDMENT NO. ______. Amend House Bill 2509 on page 3 by |
| 3 | | replacing lines 7 through 14 with the following:
|
| 4 | | "(1) the project is located in a redevelopment project |
| 5 | | area as defined in the Tax Increment Allocation |
| 6 | | Redevelopment Act or an economic development project area |
| 7 | | as defined in the County Economic Development Project Area |
| 8 | | Property Tax Allocation Act; and |
| 9 | | (2) a business enterprise derives a direct financial |
| 10 | | benefit from loans, grants, subsidies, incentives, or |
| 11 | | other direct financial benefit made available pursuant to |
| 12 | | the Tax Increment Allocation Redevelopment Act or the |
| 13 | | County Economic Development Project Area Property Tax |
| 14 | | Allocation Act."; and
|
| 15 | | on page 3, line 19, by replacing "an enterprise zone" with "a |
| 16 | | redevelopment project area"; and |