H1940B2779A05105 AJM:NLG 12/06/17 #90 A05105
AMENDMENTS TO HOUSE BILL NO. 1940
Sponsor: REPRESENTATIVE KRUEGER-BRANEKY
Printer's No. 2779
Amend Bill, page 1, line 22, by inserting after "estimates"
and providing for tax credit freeze
Amend Bill, page 3, by inserting between lines 10 and 11
Section 2. The act is amended by adding a section to read:
Section 626. Tax Credit Freeze.--(a) If the General
Assembly does not enact a balanced budget before the start of a
fiscal year, the Governor may order that any State funds
appropriated for tax credits in the current fiscal year that
have not been awarded shall remain in the General Fund.
(b) If at any time during the fiscal year the Governor
determines that estimated revenues are not sufficient to end the
year with a positive balance, the Governor may order that any
State funds appropriated for tax credits that have not been
awarded shall remain in the General Fund.
Amend Bill, page 3, line 11, by striking out "2" and
inserting
3
Amend Bill, page 3, line 13, by striking out "3" and
inserting
4
2017/90AJM/HB1940A05105 - 1 -
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
See A05105 in
the context
of HB1940