H2297B3347A06963       VDL:JB  05/06/08    #90             A06963
            AMENDMENTS TO HOUSE BILL NO. 2297 (As amended by A06858)
                                    Sponsor:  REPRESENTATIVE REICHLEY
                                           Printer's No. 3347

     1       Amend Title, page 1, line 16 (A06858), by striking out "and"
     2    and inserting a comma
     3       Amend Title, page 1, line 17 (A06858), by inserting after
     4    "parcels"
     5               and for cap and trade
     6       Amend Bill, page 3, by inserting between lines 35 and 36
     7    (A06858)
     8    Section 310.  Cap and trade.
     9       The department shall provide a method by which a county which
    10    has acreage in a subzone or a keystone opportunity improvement
    11    zone that remains unused may transfer the designation of the
    12    amount of acreage as a subzone or a keystone opportunity
    13    improvement zone to another county to utilize in an area within
    14    the county in which there is deteriorated property for the
    15    purposes of designating the deteriorated property as a subzone
    16    or a keystone opportunity zone. The department shall allow for
    17    the purchase of the acreage as a transfer under this section. A
    18    transfer under this section shall first be approved by all
    19    affected political subdivisions within each county, including
    20    each county. Any transfer under this section shall be subject to
    21    approval by the department.






    E6L90VDL/HB2297A06963