2014 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Edwards
Neighborhood Assistance Tax Credit Program (language only)

Item 3-5.04 #2s

Item 3-5.04 #2s

Adjustments and Modifications to Tax Collections
Neighborhood Assistance Act Tax Credit

Page 451, line 10, after the period, insert:
"Unused tax credits within the allocation made available for education proposals or social service proposals shall be made for either purpose by March 31 of each year, based on a determination by the Superintendent of Public Instruction and the Commissioner of Social Services."

(This amendment allows unused tax credits made available for education or social services proposals to be allocated during a fiscal year in which it has been determined that such credits will not be used during the fiscal year in which the tax credits were allocated.)