Amendment JR1 AA7-AB4

LRBa0141/1

CTS:kjf:md

January 2011 Special Session

2011 - 2012 LEGISLATURE

ASSEMBLY AMENDMENT 7, TO ASSEMBLY BILL 4

January 20, 2011 - Offered by Representatives Molepske Jr, Bernard Schaber and Mason.

AB4-AA7,1,1 At the locations indicated, amend the bill as follows:

AB4-AA7,1,3 1. Page 1, line 2: after "program" insert "and modifying certain accountability measures for economic development programs".

AB4-AA7,1,4 2. Page 1, line 3: before that line insert:

AB4-AA7,1,5 " Section 1e. 560.01 (2) (ae) 7. (intro.) of the statutes is amended to read:

AB4-AA7,1,12 560.01 (2) (ae) 7. (intro.) Establish by rule policies and procedures requiring the department to recoup payments made to a recipient of a grant or loan or tax benefits under the program, and permitting the department to do all of the following, if such a recipient of a grant or loan or tax benefits under the program submits false or misleading information to the department or fails to comply with the terms of a contract entered into with the department under the program and fails to provide to the satisfaction of the department an explanation for the noncompliance:

AB4-AA7, s. 1m Section 1m. 560.01 (2) (ae) 7. a. of the statutes is repealed.".

AB4-AA7,2,1 3. Page 1, line 3: delete " Section 1" and substitute "Section 1s".

AB4-AA7,2,2 (End)