HB4705 H TI AM #1

Akers 3254

The Committee on Technology and Infrastructure moved to amend the bill on page 7, section 9, beginning after line 167, by reinserting paragraph (B) to read as followings:

“(B) Leases of heavy equipment or machinery among corporations, partnerships, or limited liability companies when the entities are members of the same control group or are related taxpayers as defined in Section 267 of the Internal Revenue Code of 1986, as amended;”

and re-lettering the previous paragraph (A);

On page 11, section 9, line 276, after the word “into” by striking the words “semi-finished or”;

On page 16, section 9, line 388, after the word “pay” by inserting the following:

“20% of the funds to Division of Multimodal Transportation Facilities for use in advancing advanced air mobility projects, until an annual maximum of 5 million dollars has been paid for said use; and 20% of the funds to Division of Multimodal Transportation for use to as matching funds for federal grant programs for public transportation, until an annual maximum of 3 million dollars has been paid for said use; and pay all the remaining funds”;

And,

On page 16, section 9, line 398, after the word “beginning” by striking the date “January 1, 2024”, and inserting in lieu thereof the date “July 1, 2024”.

Adopted

Rejected