House File 2711 H-8139 Amend House File 2711 as follows: 1 1. Page 1, after line 6 by inserting: 2 < Sec. ___. Section 15A.1, subsection 5, Code 2026, is 3 amended by striking the subsection. > 4 2. Page 5, after line 16 by inserting: 5 < Sec. ___. NEW SECTION . 19B.9 Preferential programs. 6 The state shall not fund a program that gives preference 7 to a person based on legacy status, industry, or geographic 8 location. > 9 3. Page 10, after line 8 by inserting: 10 < Sec. ___. NEW SECTION . 421.72 Preferential treatment —— 11 tax expenditures. 12 1. As used in this section, “tax expenditure” means the same 13 as defined in section 2.48. 14 2. Notwithstanding any other provision of the Code to the 15 contrary, there shall not be excluded from the operation or 16 collection of taxes imposed in this state a tax expenditure 17 that is a state-funded preferential program based upon legacy 18 or geography, or that favors one industry over another through 19 economic development allocations. > 20 4. Title page, line 2, after < gender, > by inserting 21 < preference, > 22 5. By renumbering as necessary. 23 ______________________________ SRINIVAS of Polk -1- HF 2711.3152 (2) 91 jm/ns 1/ 1 #1. #2. #3. #4. #5.