Amendments for HB19-1075
House Journal, February 8
53 HB19-1075 be amended as follows, and as so amended, be referred to
54 the Committee on Appropriations with favorable
55 recommendation:
1 Amend printed bill, page 3, line 13, strike "PROJECTS THAT ARE".
2
3 Page 3, line 20, strike "PROJECTS" and substitute "LOCATED".
4
5 Page 4, line 6, after "TO" insert "AND ACCEPTED BY".
6
7 Page 4, line 10, after "FOR" insert "SALE OR FOR RENT TO".
8
9 Page 4, strike lines 22 through 25 and substitute "OF THE AREA MEDIAN
10 INCOME, AS ADJUSTED BY FAMILY SIZE AND LOCATION OF THE
11 EMPLOYER-ASSISTED ELIGIBLE ACTIVITY, AS SUCH ADJUSTED INCOME AND
12 AREA MEDIAN INCOME ARE DETERMINED FROM TIME TO TIME BY THE
13 UNITED".
14
15 Page 5, after line 1 insert:
16
17 "(g) "NEAR THEIR PLACE OF EMPLOYMENT IN A RURAL AREA"
18 MEANS EMPLOYER-ASSISTED HOUSING ACTIVITY THAT IS LOCATED EITHER
19 IN THE SAME COUNTY OR IN AN ADJACENT RURAL COUNTY AS THE PLACE
20 OF EMPLOYMENT OF PERSONS IN ONE OR MORE HOUSEHOLDS THAT ARE
21 INTENDED TO BENEFIT FROM THE HOUSING ACTIVITY.".
22
23 Reletter succeeding paragraphs accordingly.
24
25 Page 6, strike lines 15 and 16 and substitute: "AGAINST THE INCOME TAX
26 DUE IN SUBSEQUENT YEARS' INCOME TAX LIABILITY UP TO FIVE YEARS
27 FOLLOWING THE TAX YEAR IN WHICH THE CREDIT WAS AWARDED, BUT
28 MUST FIRST BE APPLIED AGAINST THE INCOME TAX DUE".
29
30 Page 7, line 11, strike "2020," and substitute "OF THE FOLLOWING
31 CALENDAR YEAR,".
32
33 Page 8, lines 17 and 18, strike "THE LAST SEVEN DIGITS OF".
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35