Bill
Number: S.B. 1139
Mesnard
Floor Amendment
Reference
to: printed bill
Amendment
drafted by: Molly Graver
FLOOR
AMENDMENT EXPLANATION
1. Removes the requirement
for each qualified facility to report outlined information to the Arizona
Commerce Authority (ACA).
2. Directs the ACA to
include outlined information in their annual report on qualified facilities and
requires the ACA to transmit the report to the Joint Legislative Budget
Committee (JLBC).
3. Extends, from March 1
to May 15, the date that a claimant of the Agricultural Water Conservation
System Tax Credit must submit outlined information to the Arizona Department of
Revenue (ADOR).
4. Requires information
submitted by a claimant of the Agricultural Water Conservation System Tax
Credit to be submitted on a form prescribed by ADOR.
5. Extends, from May 1 to
June 15, the date that ADOR must report to JLBC on the reduction on water usage
as a result of the tax credit.
6. Requires, beginning
June 15, 2021, ADOR to report to JLBC on the number of states with a tax credit
similar to the Agricultural Water Conservation System Tax Credit every two
years, rather than annually.
7. Delays the effective
date to January 1, 2020.
Fifty-fourth Legislature Mesnard
Second
Regular Session S.B. 1139
MESNARD FLOOR AMENDMENT
SENATE AMENDMENTS TO S.B. 1139
(Reference to printed bill)
Page 5, line
37, strike the period insert ", including:"
Between
lines 37 and 38, insert:
"(a) The aggregate number of full-time
employees hired by all qualified facilities in this state in the preceding
calendar year.
(b) The
aggregate capital expenditures invested by all qualified facilities in this
state as a result of the tax credit allowed under section 43-1083.03 or
43-1164.04."
Page 6, line
4, after the period insert "The authority shall transmit
copies
of
the annual report to the joint legislative budget committee."
Strike
lines 10 through 23
Reletter to
conform
Page 8, line
19 strike "March 1" insert "May 15"
Line 20,
after "department" insert ",
on a form prescribed by the department,"
Line 22,
strike "May 1" insert "June
15"
Line 23,
strike "the following:"
Line 24, strike
"1."
Line 26,
strike "2." insert "h.
Beginning june 15, 2021, and every two years thereafter, the department shall
report to the joint legislative budget committee"
After line
27, insert:
"Sec.
3. Effective date
This act is
effective from and after December 31, 2020."
Amend title to conform