CODING: Words stricken are deletions; words underlined are additions.
HOUSE AMENDMENT
hbd-05 Bill No. HB 3745
Amendment No. (for drafter's use only)
CHAMBER ACTION
Senate House
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5 ORIGINAL STAMP BELOW
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11 Representative(s) Ogles, Smith, and Starks offered the
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14 Amendment (with title amendment)
15 On page 3, between lines 10 and 11, of the bill
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17 insert:
18 3. Notwithstanding any other provision of this
19 subsection, an amount not to exceed 30 percent of the proceeds
20 of the surtax authorized by this subsection may be allocated
21 for deposit to a trust fund within the county's accounts
22 created for the purpose of funding economic development
23 projects of a general public purpose targeted to improve local
24 economies, including the funding of operational costs and
25 incentives related to such economic development.
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28 ================ T I T L E A M E N D M E N T ===============
29 And the title is amended as follows:
30 On page 1, line 14, after the semicolon
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File original & 9 copies 04/14/98
hbd0021 03:32 pm 03745-0067-222751
HOUSE AMENDMENT
hbd-05 Bill No. HB 3745
Amendment No. (for drafter's use only)
1 insert:
2 authorizing use of a portion of tax proceeds to
3 fund economic development projects and
4 providing requirements with respect thereto;
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File original & 9 copies 04/14/98
hbd0021 03:32 pm 03745-0067-222751