HOUSE AMENDMENT
Bill No. CS/HB 293
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) Crow and Bense offered the following:
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13 Amendment to Amendment (920355)
14 On page 15, line 18 through page 16, line 3,
15 remove from the amendment: all of said lines
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17 and insert in lieu thereof:
18 (c) Each certified capital company must apply to the
19 office for an allocation of premium tax credits for potential
20 certified investors by March 15, 1999, on a form developed by
21 the office with the cooperation of the Department of Revenue.
22 The form shall be accompanied by an affidavit from each
23 potential certified investor confirming that the potential
24 certified investor has agreed to make an investment of
25 certified capital in a certified capital company up to a
26 specified amount, subject only to the receipt of a premium tax
27 credit allocation pursuant to this subsection. No certified
28 capital company shall submit premium tax allocation claims on
29 behalf of certified investors that in the aggregate would
30 exceed the total dollar amount appropriated by the Legislature
31 for the specific program. No allocation shall be made to the
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File original & 9 copies 04/26/01
hgr0003 10:32 am 00293-0049-725935
HOUSE AMENDMENT
Bill No. CS/HB 293
Amendment No. ___ (for drafter's use only)
1 potential investors of a certified capital company unless such
2 certified capital company has filed premium tax allocation
3 claims that would result in an allocation to the potential
4 investors in such certified capital company of not less than
5 $15 million in the aggregate.
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File original & 9 copies 04/26/01
hgr0003 10:32 am 00293-0049-725935