AMENDMENT(S) PROPOSED BY THE HOUSE

APPROPRIATIONS

1. Line 144, introduced, after B.

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the remainder of line 144, all of lines 145 through 149, and through facility on line 150.

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Grants will be calculated at a rate of 20 percent of the amount of qualified real property investment in excess of $500,000 for the construction of a new building or facility, or in the case of the rehabilitation or expansion of a new building or facility, $100,000. For any qualified zone investor making $5 million or less in qualified real property investment, a real property investment grant shall not exceed $100,000 within any five-year period for any individual building or facility. For any qualified zone investor making more than $5 million in qualified real property investment, a real property investment grant shall not exceed $200,000 within any five-year period for any individual building or facility