HOUSE AMENDMENT
Bill No. HB 809 CS
   
1 CHAMBER ACTION
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Senate House
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12          Representative Farkas offered the following:
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14          Amendment (with title amendment)
15          Between lines 377 and 378, insert:
16          Section 2. Paragraph (b) of subsection (2) of section
17    220.183, Florida Statutes, is amended to read:
18          220.183 Community contribution tax credit.--
19          (2) ELIGIBILITY REQUIREMENTS.--
20          (b) All community contributions must be reserved
21    exclusively for use in projects as defined in s. 220.03(1)(t).
22    No more than 40The Office of Tourism, Trade, and Economic
23    Development may reserve up to 50percent of the available annual
24    tax credits may be grantedfor housing for very-low-income
25    households pursuant to s. 420.9071(28) for the first 6 months of
26    the fiscal year.
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29    ================= T I T L E A M E N D M E N T =================
30          Remove line(s) 18, and insert:
31          transferred credits; amending s. 220.183, F.S.; revising
32    limitations on granting available annual tax credits for certain
33    housing; amending s. 220.1895, F.S.;