Amendment AA17-AB579

LRBa0884/1

PJK:cjs:pg

2001 - 2002 LEGISLATURE

ASSEMBLY AMENDMENT 17, TO 2001 ASSEMBLY BILL 579

October 30, 2001 - Offered by Representative Grothman.

AB579-AA17,1,1 At the locations indicated, amend the bill as follows:

AB579-AA17,1,2 1. Page 3, line 18: delete lines 18 to 25 and substitute:

AB579-AA17,1,3 " Section 5m. 560.33 (1) (b) of the statutes is amended to read:

AB579-AA17,1,5 560.33 (1) (b) The business has no more than 100 employees, at least 75% 40% of whom are employed in this state.".

AB579-AA17,1,6 2. Page 4, line 11: delete lines 11 to 19 and substitute:

AB579-AA17,1,7 " Section 8m. 560.34 (1) (d) of the statutes is amended to read:

AB579-AA17,1,10 560.34 (1) (d) As a condition of the investment, the qualified business agrees, as long as the certified capital corporation continues to hold the investment, to maintain at least 75% 40% of its employees in this state.".

AB579-AA17,1,11 (End)