Text: H01424                            Text: H01426
Text: H01400 - H01499                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index



House Amendment 1425

Amendment Text

PAG LIN
  1  1    Amend House File 683 as follows:
  1  2    #1.  Page 6, by inserting after line 33 the
  1  3 following:
  1  4    "8.  A business receiving moneys appropriated under
  1  5 this section shall agree, for a period of ten years,
  1  6 not to close business operations in the state and not
  1  7 to move more than forty percent of the business's
  1  8 workforce out-of-state.  If a business fails to meet
  1  9 the requirements of an agreement entered into pursuant
  1 10 to this subsection, the business is subject to
  1 11 repayment of all or a portion of the moneys received,
  1 12 including interest.  The agreement shall specify the
  1 13 method for determining whether a failure to meet the
  1 14 requirements of the agreement has occurred and a
  1 15 method for determining the amount of moneys the
  1 16 business must repay."
  1 17    #2.  Page 11, by inserting after line 26 the
  1 18 following:
  1 19    "4.  A business receiving moneys appropriated under
  1 20 this section shall agree, for a period of ten years,
  1 21 not to close business operations in the state and not
  1 22 to move more than forty percent of the business's
  1 23 workforce out-of-state.  If a business fails to meet
  1 24 the requirements of an agreement entered into pursuant
  1 25 to this subsection, the business is subject to
  1 26 repayment of all or a portion of the moneys received,
  1 27 including interest.  The agreement shall specify the
  1 28 method for determining whether a failure to meet the
  1 29 requirements of the agreement has occurred and a
  1 30 method for determining the amount of moneys the
  1 31 business must repay." 
  1 32 
  1 33 
  1 34                               
  1 35 FALLON of Polk 
  1 36 HF 683.206 80
  1 37 tm/sh
     

Text: H01424                            Text: H01426
Text: H01400 - H01499                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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