| 1 | Representative Jennings offered the following: |
| 2 |
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| 3 | Amendment (with directory and title amendments) |
| 4 | On page 3, between lines 15 and 16, insert: |
| 5 | Section 4. The Office of Program Policy Analysis and |
| 6 | Government Accountability shall conduct an evaluation of the tax |
| 7 | incentives available to rural enterprise zones and the |
| 8 | effectiveness of rural enterprise zones in creating jobs. In |
| 9 | particular, the evaluation must consider whether existing tax |
| 10 | and other financial incentives available under the Enterprise |
| 11 | Zone Act are appropriate for businesses located in rural |
| 12 | enterprise zones and whether incentives such as the transfer of |
| 13 | unused tax credits would enhance the effectiveness of rural |
| 14 | enterprise zones. The evaluation shall include an estimation of |
| 15 | the costs of new tax incentives. The evaluation shall also |
| 16 | identify obstacles faced by rural enterprise zones and recommend |
| 17 | possible solutions. The Office of Program Policy Analysis and |
| 18 | Government Accountability shall conduct its evaluation and make |
| 19 | a report containing its findings and recommendations to the |
| 20 | Legislature by December 1, 2005. |
| 21 |
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| 22 | ================= T I T L E A M E N D M E N T ================= |
| 23 | On page 1, line 24, remove said line and insert: |
| 24 | requiring the Office of Program Policy Analysis and |
| 25 | Government Accountability to conduct a study of rural |
| 26 | enterprise zone issues; providing an effective date. |