Adopted by House 3-13-2010
SB169 HFIN AM 3-10 AC
The Committee on Finance moved to amend the bill on page
twelve, section four, line ninety-four, following the word
"operation" and the period, by striking out the remainder of the
bill and inserting in lieu thereof the following:
"
§31-15-12b. Tourism projects; criteria for loans.
Notwithstanding any other provision of this article to the
contrary, in developing criteria for loans to a tourism project
under this article, the authority shall consider many factors
including, but not limited to, whether any specific number of jobs
are or will be created by the project, whether any existing jobs or
jobs to be created by the project are to meet any specific
compensation levels, or whether any existing jobs or jobs to be
created by the project provide any specific employee benefits:
Provided, That no tourism project may be denied a loan for the sole
reason that a specific number of jobs will not be created by the
project or that existing jobs or jobs to be created by the project
will not meet specific compensation levels or offer any specific
employee benefits. Any criteria for a loan application for a
tourism project under this article shall include a requirement that
the applicant provide a jobs impact statement with information as
required by the authority
".