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Item 105 #3h

Commerce And Trade
FY 12-13
FY 13-14
Economic Development Incentive Payments
($1,000,000)
($1,000,000)
GF

Language:
Page 71, line 39, strike "$69,861,384" and insert "$68,861,384".
Page 71, line 39, strike "$65,108,594" and insert "$64,108,594".
Page 73, line 10, strike "$3,500,000" and "$3,500,000" and insert:
"$2,500,000" and "$2,500,000".

Explanation:
(This amendment reduces the general fund amounts provided for the Motion Picture Opportunity Fund by $1.0 million each year. This leaves $2.5 million each year for this purpose, in addition to the $5.0 million available in film production tax credits.)


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