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House Journal: Page 1688: Thursday, April 20, 2000

19 "date." the following: "The total amount of tax
20 credits that may be approved pursuant to this chapter
21 shall not exceed two million dollars in a fiscal year.
22 If the total of the tax credits for all rehabilitation
23 projects that qualify for tax credits exceeds two
24 million dollars in a fiscal year, the department shall
25 grant the tax credits on a pro rata basis so that the
26 total amount of tax credits approved for the fiscal
27 year does not exceed two million dollars."

H-8807D

28 7. Page 3, by striking line 18 and inserting the
29 following: "certificates to be attached to the
30 person's tax return. Tax credit certificates shall be
31 issued in amounts not greater than twenty-five
32 thousand dollars. Each".
33 8. Page 3, line 25, by inserting after the word
34 "credit" the following: "certificate".

H-8807A

35 9. Page 3, by striking line 27 and inserting the
36 following: "tax credit certificate to any other
37 person. However, not more than twenty-five thousand
38 dollars in tax credit certificates may be transferred
39 to any one person, except if the transferor is a
40 nonprofit organization. a tax credit certificate
41 shall".

Richardson of Warren asked and received unanimous consent to
withdraw amendment H-8807A.

Houser of Pottawattamie asked and received unanimous consent to
withdraw amendment H-8759 filed by Houser, et al., on April 6, 2000.

Houser of Pottawattamie offered amendment H-9035 filed by him
from the floor as follows:

H-9035

1 Amend House File 2560 as follows:
2 1. Page 1, lines 19 and 20, by striking the words
3 "one hundred years prior to certification." and
4 inserting the following: "prior to 1936."

The House stood at ease at 5:10 p.m., until the fall of the gavel.

The House resumed session and consideration of House File 2560


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