H0645B0688A01170 MSP:JSL 05/08/17 #90 A01170
AMENDMENTS TO HOUSE BILL NO. 645
Sponsor: REPRESENTATIVE SANKEY
Printer's No. 688
Amend Bill, page 1, line 11, by inserting after "credit"
where it occurs the second time
and providing for reporting
Amend Bill, page 2, line 3, by inserting after "Credit.--"
(a)
Amend Bill, page 3, by inserting between lines 20 and 21
(b) Notwithstanding any other provision of law and except
for the tax credits which are granted under subsection (a) on
the effective date of this subsection, no additional tax credits
may be granted under this article.
Section 1.1. The act is amended by adding a section to read:
Section 1908-A. Reporting.--The Department of Community and
Economic Development shall issue a report within 12 months of
the effective date of this section and each five years
thereafter. The report shall include a funding evaluation of the
neighborhood assistance program and recommendations for the tax
credit, specifically including ways the department can interact
with and promote the inclusion of community organizations that
have not previously been included in projects receiving credits.
Copies of the report shall be submitted to the chair and
minority chair of the Finance Committee of the Senate and the
chair and minority chair of the Finance Committee of the House
of Representatives.
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