Senate File 533 S-3312 Amend Senate File 533 as follows: 1 1. Page 24, after line 11 by inserting: 2 < Sec. ___. Section 422.11S, subsection 7, paragraph 3 a, subparagraph (2), Code 2011, is amended to read as 4 follows: 5 (2) “Total approved tax credits” means for the 6 tax year beginning in the 2006 calendar year, two 7 million five hundred thousand dollars, for the tax 8 year beginning in the 2007 calendar year, five million 9 dollars, and for tax years beginning on or after 10 January 1, 2008, and before January 1, 2012, seven 11 million five hundred thousand dollars. For tax years 12 beginning on or after January 1, 2012, and only if 13 legislation is enacted by the eighty-fourth general 14 assembly, 2011 session, amending section 257.8, 15 subsections 1 and 2, to establish both the state 16 percent of growth and the categorical state percent 17 of growth for the budget year beginning July 1, 2011, 18 at two percent, “total approved tax credits” means ten 19 million dollars. > 20 2. By renumbering as necessary. 21 ______________________________ DR. JOE M. SENG ______________________________ TOM HANCOCK ______________________________ JEFF DANIELSON ______________________________ THOMAS RIELLY ______________________________ JOHN P. KIBBIE -1- SF533.3051 (2) 84 tm/sc 1/ 1 #1. #2.