COMMITTEE ON COMMERCE AND ECONOMIC DEVELOPMENT
SENATE AMENDMENTS TO H.B. 2702
(Reference to House engrossed bill)
Page 1, line 26, strike “In no event shall” insert “For the first ten years of payments,”
Line 27, after “section” insert “shall not”
Line 31, after the period insert “After the first ten years of payments, the amount to be paid each month under this section shall not exceed the net new state transaction privilege tax revenues received from the multipurpose site as compared to the revenues received in the same month during the tenth year in which payments were received.”
Line 38, strike “EITHER”; after “make” strike remainder of line
Line 39, strike “ANOTHER GOVERNMENTAL ENTITY TO MAKE,”
Line 41, strike “, OR CAUSE ANOTHER GOVERNMENTAL ENTITY TO EXPEND,”
Line 42, strike “directly” insert “directly”
Line 43, strike “, OR IN THE DISTRICT,”
Page 2, line 38, after “land” strike remainder of line
Line 39, strike “by eminent domain consistent with the requirements of section 48-4206,”
Strike line 42
Line 43, strike “PROJECT IN THE DISTRICT”
Amend title to conform