Bill
Number: S.B. 1245
Quezada
Floor Amendment #2
Reference
to: APPROPRIATIONS Committee amendment
Amendment
drafted by: Sean Laux
FLOOR
AMENDMENT EXPLANATION
Clarifies the requirement that a taxpayer produce new
full-time employment positions that are located at the qualified facility or
are offsite positions exclusively dedicated to supporting the qualified
facility.
Clarifies the eligibility of an applicant to qualify for
the Credit for Qualified Facilities if at least 51 percent of the net new
full-time employment positions are located at the qualified facility or are
offsite positions exclusively dedicated to supporting the qualified facility.
Clarifies that the amount of the Credit for Qualified
Facilities to a qualifying applicant is based on projected new full-time
employment positions that are located at the qualified facility or are offsite
positions exclusively dedicated to supporting the qualified facility.
Fifty-fourth Legislature Quezada
Second
Regular Session S.B. 1245
QUEZADA FLOOR AMENDMENT #2
SENATE AMENDMENTS TO S.B. 1245
(Reference to APPROPRIATIONS
Committee Amendment)
Page 2, line
2, after "positions" strike "at WITH JOB DUTIES
ASSOCIATED WITH" insert "at OR OFFSITE POSITIONS
EXCLUSIVELY DEDICATED TO SUPPORTING"
Page 3, line
7, after "positions" strike "at WITH JOB DUTIES
ASSOCIATED WITH" insert "at OR OFFSITE POSITIONS
EXCLUSIVELY DEDICATED TO SUPPORTING"
Line 27,
after "applicant", strike remainder of the line
Line 28,
strike "ASSOCIATED WITH" insert "at OR OFFSITE
POSITIONS EXCLUSIVELY DEDICATED TO SUPPORTING"
Page 13,
line 18, after "position" strike "at THAT HAS DUTIES
ASSOCIATED WITH" insert "at OR OFFSITE POSITIONS
EXCLUSIVELY DEDICATED TO SUPPORTING"
Page 14,
line 7, after "employed" strike "at THAT HAS DUTIES
ASSOCIATED WITH" insert "at OR OFFSITE POSITIONS
EXCLUSIVELY DEDICATED TO SUPPORTING"
Page 16,
line 26, after "position" strike "at THAT HAS DUTIES
ASSOCIATED WITH" insert "at OR OFFSITE POSITIONS
EXCLUSIVELY DEDICATED TO SUPPORTING"
Page 17,
line 17, after "employed" strike "at THAT HAS DUTIES
ASSOCIATED WITH" insert "at OR OFFSITE POSITIONS EXCLUSIVELY
DEDICATED TO SUPPORTING"
Amend title to conform