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1995 SESSION

  • print version
(HB2423)

AMENDMENTS PROPOSED BY THE COMMITTEE ON FINANCE

    1. Page 1, introduced, line 30, after 107,000,

      insert

        any city with a population of at least 60,000 but no more than 70,000, any city with a population of at least 38,000 but no more than 40,000,

    2. Page 4, introduced, line 39, after improvements

      insert

        and investments

    3. Page 5, introduced, line 31

      insert

        2. That the General Assembly of Virginia believes that encouraging financial institutions to loan money for the rehabilitation and improvement of real property located within an enterprise zone, and encouraging businesses to make investments in and rehabilitate and improve real property located within an enterprise zone will add to the economic vitality of this Commonwealth. Accordingly, the provisions of this Act targeting the credit allowed by § 59.1-280.1 to enterprise zone indebtedness and limiting the credit to qualified zone lenders, and limiting the credit allowed by § 59.1-280.2 to qualified zone improvements and investments are integral to the purpose of the Act and shall not be deemed severable.