COMMITTEE ON WAYS & MEANS
HOUSE OF REPRESENTATIVES AMENDMENTS TO H.B. 2649
(Reference to printed bill)
Page 1, lines 28 and 35, strike "M N" insert "M"
Page 3, line 19, strike "M N" insert "M"
Page 4, strike lines 39 through 45
Page 5, strike lines 1 through 13
Reletter to conform
Page 79, line 14, after "taxpayer" insert ", or a third-party entity on behalf of or for the direct benefit of the taxpayer,"
Line 16, after the period strike remainder of line
Strike line 17
Line 18, strike "direct benefit of the taxpayer."
Line 28, strike "that is"
Page 80, line 21, after the period insert "For investments made by a third party, a statement from the utility that provides power to the international operations center affirming that the investment in new renewable energy facilities is made on behalf of or for the direct benefit of the taxpayer satisfies the requirement of this paragraph."
Page 82, line 21, after the period insert "For taxpayers using investments made by third-party entities on behalf of or for the direct benefit of the taxpayer, the investment threshold is $1,500,000,000. A third-party entity may not include the owner or operator of the international operations center or, solely for the purposes of this subsection, the owner's or operator's affiliated entities."
Page 83, line 26, strike the second "or" insert "and"; strike "direct"
Page 83, line 30, after "taxpayer" insert "or a third-party entity on behalf of and for the benefit of the taxpayer"
Amend title to conform