Adopted

AMENDMENT NO 1 PROPOSED TO

House Bill No. 1611

BY: Representative Lamar

AMEND by striking lines 26 through 28 and inserting in lieu thereof the following:

     "(3)  The total amount of tax credits authorized under this section in any fiscal year through the 2018 fiscal year shall not exceed Two Million Dollars ($2,000,000.00) in the aggregate.  From and after July 1, 2018, for any telecommunications enterprise providing such services pursuant to any contract entered into on or after July 1, 2017, the total amount of tax credits authorized under this section in any fiscal year shall not exceed Two Million Five Hundred Ten Thousand Dollars ($2,510,000.00) in the aggregate."