1|ENGROSSED SENATE AMENDMENTS | | TO | 2|ENGROSSED HOUSE | |BILL NO. 1786 By: Shannon, Sherrer and | 3| Ownbey of the House | | | 4| and | | | 5| Barrington of the Senate | | | 6| | | | 7| | | | 8| ( economic development - Local Government | | | 9| Infrastructure Cost Recovery Payment Act - Local | | | 10| Government Infrastructure Cost Recovery Revolving | | | 11| Fund codification - effective date | | | 12| emergency ) | | | 13| | | | 14|AUTHOR: Add the following House Coauthors: Walker and | | Armes | 15| | |AMENDMENT NO. 1. Page 2, line 11, after the word "means" | 16| and before the word "expended" delete all | | language and insert the language "at least | 17| Five Hundred Thousand Dollars | | ($500,000.00)" | 18| | |AMENDMENT NO. 2. Page 3, line 5, after the word "time" and | 19| before the semicolon delete all language | | and insert the language "within a county or | 20| municipality. Under no circumstance shall | | "growth revenue" mean revenue derived from | 21| the relocation or expansion of a vendor | | serving the same service area within a | 22| fifty (50) mile radius of the new location" | | | 23| | |AMENDMENT NO. 3. Page 4, line 2, after the word "act" and | 24| before the period insert the language "; | | provided, the Oklahoma Department of | arsid12151093 ENGR. S. A. TO ENGR. H. B. NO. 1786 Page 1 ___________________________________________________________________________
1| Commerce shall certify that a vendor | | qualifies as a targeted vendor pursuant to | 2| this paragraph only if prior to the | | beginning of business operations or | 3| substantially contemporaneous with the | | beginning of business operations, the | 4| vendor has expended at least Five Hundred | | Thousand Dollars ($500,000.00) for | 5| tangible assets, whether consisting of | | real or personal property or improvements | 6| on real property" | | | 7| and when the title is restored amend the title to | | conform | 8| | | Passed the Senate the 15th day of April, 2009. | 9| | | | 10| | | Presiding Officer of the Senate | 11| | | | 12| Passed the House of Representatives the ____ day of __________, | | | 13|2009. | | | 14| | | | 15| | | Presiding Officer of the House | 16| of Representatives | | | 17| | | | 18| | | | 19| | | | 20| | | | 21| | | | 22| | | | 23| | | | 24| | | | arsid12151093 ENGR. S. A. TO ENGR. H. B. NO. 1786 Page 2©2008-09 eCapitol, LLC. All rights reserved.
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