1Amend Bill, page 1, lines 10 and 11, by striking out "; and 
2imposing penalties"

3Amend Bill, page 2, line 18, by striking out "Revenue" and
4inserting

5 Community and Economic Development

6Amend Bill, page 2, line 29, by striking out "may" and
7inserting

8 will

9Amend Bill, page 2, line 30, by inserting after "company's "

10natural gas

11Amend Bill, page 2, line 30, by striking out "for natural gas 
12fueling stations"

13Amend Bill, page 3, line 5, by striking out "comprehensive"
14and inserting

15 natural gas infrastructure

16Amend Bill, page 3, line 30, by striking out "secretary" and
17inserting

18 Secretary of Revenue

19Amend Bill, page 5, by inserting between lines 13 and 14

20(d.1) Limitation of application roll-over.--An application
21that is not approved by June 30 may not be returned to the
22committee for review. The department shall notify an applicant
23whose application has not been approved by June 30 that a new
24application for the natural gas corridor tax credit must be
25filed with the department in order for the applicant to continue
26to be considered for a natural gas corridor tax credit.

1Amend Bill, page 5, by inserting between lines 22 and 23

2(4) The start date.

3Amend Bill, page 5, line 23, by striking out "(4)" and
4inserting

5 (5)

6Amend Bill, page 5, line 23, by inserting after "department"

7, in conjunction with the Department of Revenue,

8Amend Bill, page 5, line 30, by inserting after "shall "

9verify with the Department of Revenue that the company filed the 
10required State tax reports and returns for the applicable tax 
11years and paid a balance of State tax due as determined at 
12settlement, assessment or determination by the Department of 
13Revenue and 

14Amend Bill, page 6, by inserting between lines 2 and 3

15(g) Notice of completion.--Upon completion of the natural
16gas infrastructure plan, the company shall notify the department
17on a form required by the department.

18Amend Bill, page 6, lines 24 through 27, by striking out 
19"Term.--A company may claim the natural gas corridor tax" in 
20line 24, all of lines 25 and 26 and "company first submits a 
21certificate." in line 27 and inserting

22 Carryforward, carryback and refund.--A company may carry
23forward all or any unused portion of the tax credit for a period
24of five years from the start date.

25Amend Bill, page 7, line 8, by inserting after "made. "

26The amount of the tax credit a purchaser or assignee may use
27against a qualified tax liability may not exceed 75% of the
28qualified tax liability for the taxable year.

29Amend Bill, page 7, by inserting between lines 15 and 16

30(4) Before an application is approved, the Department of
31Revenue must make a finding that the applicant filed the
32required State tax reports and returns for the applicable tax
33years and paid any balance of State tax due as determined at
34settlement or assessment or by the Department of Revenue.

35Amend Bill, page 7, by inserting between lines 26 and 27

36Section 1804-C.1. Verification of continued eligibility.

37(a) Compliance documentation.--Each fiscal year, a company

1awarded a tax credit under this article shall, on a form
2required by the department, provide the department with
3documentation that the company is in compliance with the
4provisions of this article and the contract executed under
5section 1803-C(e).

6(b) Continuation of documentation.--A company that provided
7notice of completion as required by section 1803-C(g) shall
8continue to provide documentation that the company is in
9compliance with the relevant provisions of this article for a
10period of five years from the date the notice of completion is
11given to the department.

12Amend Bill, page 7, line 27, by striking out "Penalties" and 
13inserting

14 Recapture

15Amend Bill, page 8, line 1, by striking out "start date" and 
16inserting

17 date notice of completion is given to the department

18Amend Bill, page 8, line 9, by inserting after "that "

19a company failed to operate the natural gas fueling
20station or

21Amend Bill, page 9, line 6, by striking out "A company shall 
22not be entitled to" and inserting

23 The department may not award