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House Amendment 5489

Amendment Text

PAG LIN
  1  1    Amend the amendment, H-5419, to Senate File 2443,
  1  2 as amended, passed, and reprinted by the Senate, as
  1  3 follows:
  1  4    #1.  Page 6, line 26, by striking the words "the
  1  5 construction of".
  1  6    #2.  Page 13, by inserting after line 13 the
  1  7 following:
  1  8    "Sec.    .  NEW SECTION.  15A.4  CONTROLLED
  1  9 SUBSTANCE OFFENSE – REPAYMENT OF ASSISTANCE RECEIVED
  1 10 BY BUSINESS.
  1 11    A business which receives economic development
  1 12 assistance shall enter into an agreement with the
  1 13 governmental entity providing the assistance providing
  1 14 that the business shall repay the assistance received
  1 15 by the business if one of the following individuals is
  1 16 convicted of a violation of chapter 124 committed
  1 17 during the period in which the agreement is in effect,
  1 18 which shall not be less than one year:
  1 19    1.  The owner, if the business is a sole
  1 20 proprietorship.
  1 21    2.  A partner or managing partner, if the business
  1 22 is a partnership or limited partnership.
  1 23    3.  A member of a limited liability company with
  1 24 management responsibilities.
  1 25    4.  The chief operating officer of a corporation."
  1 26    #3.  By renumbering as necessary.  
  1 27 
  1 28 
  1 29                              
  1 30 RANTS of Woodbury
  1 31 SF 2443.508 76
  1 32 mk/jw
     

Text: H05488                            Text: H05490
Text: H05400 - H05499                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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