1.1.................... moves to amend H.F. No. 1164 as follows:
1.2Page 3, after line 10 insert:
1.3"(a) The duration limit under this subdivision and the duration of the zone for
1.4purposes of allowance of tax incentives described in section 469.315 is extended by five
1.5calendar years for each parcel of property that meets the following requirements:
1.6(1) the parcel is located in a county with a median household income that on the
1.7date that the business subsidy agreement is executed is at or below 80 percent of the
1.8statewide average;
1.9(2)(i) the qualified business is engaged in the business of manufacturing agricultural
1.10equipment and the parcel includes one or more of the following facilities of the qualified
1.12(A) administrative offices;
1.13(B) warehousing and distribution facilities;
1.14(C) manufacturing facilities that are using innovative and state-of-the-art processes;
1.16(D) capital investment of at least $.......; and
1.17(3) the business subsidy agreement is executed after April 1, 2011, and before July
1.181, 2013."