H2297B3347A06192 RLE:CMM 03/12/08 #90 A06192 AMENDMENTS TO HOUSE BILL NO. 2297 Sponsor: REPRESENTATIVE ARGALL Printer's No. 3347 1 Amend Sec. 1, page 5, by inserting between lines 4 and 5 2 Section 301.6. Extreme urban blight. 3 (a) General rule.--Notwithstanding any other provision of 4 this act, keystone opportunity zones may be established after 5 the effective date of this section only in areas of suffering 6 from extreme urban blight. 7 (b) Definition.--For purposes of this section, "extreme 8 urban blight" shall mean a state of deterioration or decay so 9 severe as to cause the property in question to be essentially 10 worthless or commercially undesirable if not for the special 11 benefits granted under the provisions of this act. C12L90RLE/HB2297A06192