Senate File 516 S-3185 Amend Senate File 516 as follows: 1 1. By striking page 1, line 34, through page 2, 2 line 3, and inserting < residential construction or 3 installation. A tax credit in excess of the taxpayer’s 4 liability for the tax year is not refundable but may be 5 credited to the tax liability for the following three 6 years or until depleted, whichever is earlier. A tax 7 credit shall not be carried back to a tax year prior 8 to the tax year in which the taxpayer first receives 9 the tax credit. > 10 ______________________________ MARK CHELGREN -1- SF516.2126 (2) 84 rn/sc 1/ 1 #1.