may accept applications for tax credits available during the
2020-2021 fiscal year no earlier than October 1, 2020.
(2) The application of any business firm for tax credits
available during the 2020-2021 fiscal year as part of the
second year of a two-year commitment or as a renewal of a
two-year commitment which was fulfilled in the previous
fiscal year may be accepted no earlier than August 15, 2020.
In order to be eligible for the early application date under
this paragraph, the contributions included in the second year
of a two-year commitment or renewal of a two-year commitment
must be made to the same type of organization.
(3) Applications for tax credits submitted on October 1,
2020, under paragraph (1) for a two-year commitment by a
business firm that applied for and was denied credits in the
prior fiscal year and that had been approved for tax credits
in a prior fiscal year shall be considered prior to an
application from a business firm that does not meet the
criteria in this paragraph. A business firm seeking
preference under this paragraph shall include proof of prior
approval tax credits in its October 1, 2020, application.
(4) The department shall give written notice of its
approval to each business firm that submitted a completed
application under this subsection by November 15, 2020, or 30
days following receipt of the completed application,
whichever is later.
(5) The department shall give written notice of its
approval to each business firm that submitted a completed
application under subsection (j)(2) within 30 days following
receipt of the completed application.
(6) Should the department fail, for a period of at least
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