View Amendment Current Amendment: 1 to Bill 4332 Reps. WHITE, G.M. SMITH and SIMRILL propose the following Amendment No. 1 to H. 4332 (COUNCIL\SA\4332C001.RT.SA19):

Reference is to Printer's Date 4/9/19--H.

Amend the bill, as and if amended, SECTION 2, page 2, by striking Section 11-41-30(2)(a)(iii) and inserting:

/            (iii)      'Economic development project' or 'project' also includes a strategic infrastructure project. 'Strategic infrastructure project' means an undertaking to provide infrastructure described in Sections 11-41-30(3)(a), (b), (c), (d), (e), and (f), each of which in the case of a strategic infrastructure project must be owned, operated, and maintained by an agency or instrumentality of the State, or political subdivision of the State. A strategic infrastructure project is not subject to the job creation and capital investment requirements imposed on projects as defined in item(2)(a) and (b), but is subject to the requirements of Section 11-41-70(2)(c). The amount of proceeds of bonds issued under this chapter expended to defray the cost of any particular strategic infrastructure project may not exceed fifty million dollars.            /

Renumber sections to conform.
Amend title to conform.