all of said lines on said pages and inserting
(2) A notice of approval shall specify the amount of the
applicant's investment authority as determined by the
department after reviewing the information submitted in
accordance with subsection (b) and the amount of credit-
eligible contribution authority allocated to each business
firm that submitted an affidavit in the application. At least
sixty percent of a growth fund's investment authority shall
be comprised of credit-eligible capital contributions.
* * *
(f) Limitation.--The department may not approve more than
[$100,000,000] $50,000,000 in investment authority under this
part.
Section 2.1. Sections 1828-G(c), 1829-G(b)(3), 1830-G and
1833-G(a) of the act, amended June 28, 2019 (P.L.50, No.13), are
amended to read:
Amend Bill, page 9, line 7, by striking out "[$4,000,000]"
and inserting
[$30,000,000]
Amend Bill, page 9, lines 13 through 16, by striking out all
of said lines
Amend Bill, page 9, lines 19 and 20, by striking out "[2017-
2018] 2019- 2020 " and inserting
[2019-2020] 2020-2021
Amend Bill, page 9, lines 21 and 22, by striking out
"[$1,000,000] $12,000,000" and inserting
$6,000,000
Amend Bill, page 9, line 24, by striking out "[$4,000,000]"
and inserting
[$30,000,000]
Amend Bill, page 9, line 28, by striking out "[2017] 2019"
and inserting
[2019] 2020
Amend Bill, page 9, line 30; page 10, line 1; by striking out
"[25%]" in line 30 on page 9 and "20%" in line 1 on page 10 and
inserting
2020/90VDL/HB1437A06329 - 2 -
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