AMENDMENT(S) PROPOSED BY THE HOUSE

FINANCE

1. Line 111, introduced, after under

strike

Article 13 (§ 58.1-430 et seq.) of this chapter

insert

the Code of Virginia

FINANCE

2. After line 126, introduced

insert

D. No tax credit granted pursuant to this section or § 58.1-425 shall be given to any entity that conducts human stem cell research from stem cells obtained from human embryos, or for conducting or investing in such research; however, research conducted using stem cells other than embryonic stem cells may be funded.

E. No tax credit granted pursuant to this section or § 58.1-425 shall be given to any entity that conducts research on cells or tissues derived from induced abortions on humans, or for conducting or investing in such research.

FINANCE

3. After line 163, introduced

insert

F. A taxpayer who claims a credit pursuant to this section may not use the applicable qualified investment as the basis for claiming any other credit or grant provided under the Code of Virginia.

FINANCE

4. Line 188, introduced, after A.

strike

Attachment of certificate to return

insert

Certificate

FINANCE

5. Line 190, introduced, after deduction

strike

sh shsh all attach that certificate to

insert

may claim the specified net operating loss carryover deduction on

FINANCE

6. Line 198, introduced, after B.

strike

Attachment of certificate to return

insert

Certificate

FINANCE

7. Line 200, introduced, after carryover

strike

s hall attach that certificate to

insert

may claim the specified research and development tax credit on