AMENDMENT(S) PROPOSED BY THE SENATE

FINANCE

1. Line 115, introduced, after parcel of land

strike

for which tax credit was granted under this article (or an application for tax credit is pending) for such parcel of land or any land partitioned from such parcel of land or any portion thereof

insert

and any other portion of such parcel, or any land partitioned from such parcel of land, has been allowed a tax credit under this article (or an application for tax credit is pending)

FINANCE

2. Line 122, introduced, after action.

insert

Nothing in this subdivision shall be construed or interpreted (i) as allowing additional tax credit for any land or interest in land previously conveyed for which tax credit has already been allowed under this article, or (ii) affecting the validity of any tax credit allowed under this article for a prior conveyance of any land or interest in land.