HB2509ham001 98TH GENERAL ASSEMBLY

Rep. Jay Hoffman

Filed: 3/13/2013

09800HB2509ham001 LRB098 10094 JLS 42370 a

AMENDMENT TO HOUSE BILL 2509

AMENDMENT NO. ______. Amend House Bill 2509 on page 3 by replacing lines 7 through 14 with the following:

"(1) the project is located in a redevelopment project area as defined in the Tax Increment Allocation Redevelopment Act or an economic development project area as defined in the County Economic Development Project Area Property Tax Allocation Act; and

(2) a business enterprise derives a direct financial benefit from loans, grants, subsidies, incentives, or other direct financial benefit made available pursuant to the Tax Increment Allocation Redevelopment Act or the County Economic Development Project Area Property Tax Allocation Act."; and

on page 3, line 19, by replacing "an enterprise zone" with "a redevelopment project area"; and

on page 3 by replacing lines 23 and 24 with the following:

"Any documentary materials or data relating to the Tax Increment Allocation Redevelopment Act or the County Economic Development Project Area Property Tax Allocation Act".