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Rep. Jay Hoffman
Filed: 3/13/2013
| | 09800HB2509ham001 | | LRB098 10094 JLS 42370 a |
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1 | | AMENDMENT TO HOUSE BILL 2509
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2 | | AMENDMENT NO. ______. Amend House Bill 2509 on page 3 by |
3 | | replacing lines 7 through 14 with the following:
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4 | | " (1) the project is located in a redevelopment project |
5 | | area as defined in the Tax Increment Allocation |
6 | | Redevelopment Act or an economic development project area |
7 | | as defined in the County Economic Development Project Area |
8 | | Property Tax Allocation Act; and |
9 | | (2) a business enterprise derives a direct financial |
10 | | benefit from loans, grants, subsidies, incentives, or |
11 | | other direct financial benefit made available pursuant to |
12 | | the Tax Increment Allocation Redevelopment Act or the |
13 | | County Economic Development Project Area Property Tax |
14 | | Allocation Act. "; and
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15 | | on page 3, line 19, by replacing " an enterprise zone " with " a |
16 | | redevelopment project area "; and |