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2015 Session

Budget Amendments - HB1400 (Member Request)

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Chief Patron: Webert
Restore Previous LPTC Transfer Charge Language (language only)

Item 3-6.06 #1h

Item 3-6.06 #1h

Adjustments and Modifications to Fees
Transfer of Land Preservation Tax Credits

Language
Page 518, strike lines 38 through 43.


Explanation
(This amendment eliminates language in House Bill 1400 as that increased the fee pay for the transfer of land preservation tax credits from 2% to 3%, generating an estimated $1.35 million in fiscal year 2016 assumed in House Bill 1400 as introduced.)