Sen. Cristina Castro
Filed: 4/8/2021
| |||||||
| |||||||
| |||||||
| 1 | AMENDMENT TO SENATE BILL 1711
| ||||||
| 2 | AMENDMENT NO. ______. Amend Senate Bill 1711 on page 5, by | ||||||
| 3 | replacing lines 18 through 21 with the following:
| ||||||
| 4 | "amount of such expenditures must (i) equal $5,000 or more and | ||||||
| 5 | or (ii) exceed the adjusted basis of the qualified historic | ||||||
| 6 | structure on the first day the qualified rehabilitation plan | ||||||
| 7 | commenced. If the qualified rehabilitation plan spans | ||||||
| 8 | multiple"; and | ||||||
| 9 | on page 10, line 16, by replacing "qualified historic | ||||||
| 10 | structure" with "qualified historic structure"; and | ||||||
| 11 | on page 11, line 16, by replacing "calendar application" with | ||||||
| 12 | "calendar year application"; and | ||||||
| 13 | on page 12, by replacing lines 14 and 15 with the following: | ||||||
| 14 | "effective date of this Act, to hire a qualified third party to | ||||||
| 15 | prepare a"; and | ||||||
| |||||||
| |||||||
| 1 | on page 15, line 24, by replacing "application" with | ||||||
| 2 | "allocation application"; and | ||||||
| 3 | on page 16, line 11, by replacing "Applicant" with "qualified | ||||||
| 4 | taxpayer Applicant".
| ||||||