SB1001 HFA Rowe 1-11 #3

               Delegate Rowe moves to amend SB1001 of pages 3 and 4,, Section 3, lines 51 through 54, by striking out Subdivision (B) in its entirety, and inserting in lieu thereof, the following:

               “(B) Hire and maintain a workforce of at least 500 full time employees paid wages more than 200 percent of  the prevailing  federal minimum wage plus benefits during the time for which  tax credits may be applied for, beginning with the date on which the first property for a certified project is placed in service or put in use for manufacturing production in the state at the site certified for such  manufacturing and ending no less than 84 months after the last day of the taxable year in which at least $2 billion in total investment funds of the manufacturer, over and above any government funding provided for the certified project,  have been expended  in order to place in service or put in use the property used for manufacturing production.”