H0036B1244A02436 LKK:JMM 06/20/13 #90 A02436
AMENDMENTS TO HOUSE BILL NO. 36
Sponsor: REPRESENTATIVE SIMS
Printer's No. 1244
1Amend Bill, page 2, by inserting after line 30
2"Immediate family." A spouse, parent, sibling, child or a
3spouse of a parent, sibling or child.
4Amend Bill, page 4, line 8, by inserting after "credit."
5 The term shall not include any of the following:
6(1) An individual who, alone or together with one or
7more members of the individual's immediate family, either
8prior to or as a result of the making of the qualified
9investment, owns 50% or more of the equity interest in the
10qualified business venture.
11(2) A member of the immediate family of the individual
12described under paragraph (1).