SB 4-2_ Filed 04/11/2013, 07:34 Clere

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    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______





    I move that Engrossed Senate Bill 4 be amended to read as follows:

SOURCE: Page 8, line 22; (13)MO000402.8. -->     Page 8, line 22, delete "One" and insert " Two".
    Page 8, line 22, after "million" insert " five hundred thousand".
    Page 8, line 22, delete "($1,000,000)" and insert " ($2,500,000)".
    Page 8, between lines 23 and 24, begin a new line blocked left and insert:
" Four hundred fifty thousand dollars ($450,000) of the annual cap must be reserved for the satisfaction of tax credits approved for projects completed before July 1, 2013, but allocated to a state fiscal year beginning after June 30, 2013.".
    Page 8, delete lines 34 through 42, begin a new paragraph and insert:
    " (d) The office shall reserve twenty-five percent (25%) of the total amount of available tax credits in each state fiscal year for projects for which the qualified expenditures approved by the office do not exceed five hundred thousand dollars ($500,000). If the amount reserved under this subsection exceeds the amount of tax credits actually allowed to taxpayers that are eligible to receive tax credits from the reserved amount, the office may allow the
excess amount to be claimed by any taxpayer otherwise entitled to a tax credit under this chapter.".
    Page 9, delete lines 1 through 15.
    (Reference is to ESB 4 as printed April 9, 2013.)


Representative Clere

MO000402/DI 92     2013