71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
HA to HB 2521
 
LC 1084/HB 2521-1
 
                       HOUSE AMENDMENTS TO
                         HOUSE BILL 2521
 
     By COMMITTEE ON SCHOOL FUNDING AND TAX FAIRNESS/REVENUE
 
                              May 7
 
  On page 1 of the printed bill, line 6, after the period insert
'(1)'.
  In line 11, delete '(1)' and insert '(a)'.
  In line 14, delete '(2)' and insert '(b)'.
  In line 15, delete '(3)' and insert '(c)'.
  Delete lines 17 and 18.
  In line 19, delete '(5)' and insert '(d)'.
  In line 21, delete '(6)' and insert '(e)'.
  After line 21, insert:
  ' (2) An employer must employ at least four full-time
equivalent employees but no more than 250 employees in order to
be certified as eligible for the employee and dependent
scholarship program tax credit under section 6 of this 2001
Act.'.
  In line 28, delete 'amount'.
  On page 2, line 18, after 'Act' insert ', if made by an
employer that meets the employment requirements of section 2 of
this 2001 Act'.
  In line 32, delete 'amount'.
  In line 36, delete 'amount'.
  In line 42, after 'has' insert 'provided' and delete 'of the
taxpayer'.
  In line 43, delete 'amount' and after 'sought' insert ' and the
number of employees employed by the employer for the calendar
year'.
  On page 3, delete lines 3 and 4 and insert:
  ' (5) An employer may not receive tax credit certification:
  ' (a) For an amount that is greater than $1 million;
  ' (b) If the employer employs fewer than four full-time
equivalent employees for the calendar year; or
  ' (c) If the employer employs more than 250 employees for the
calendar year.'.
  In line 20, delete 'amount'.
  On page 4, line 5, delete 'amount'.
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