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Amend CSHB 2424, in SECTION 55 of the bill, in Section
171.802, Tax Code, by adding Subsection (e) to read as follows:
(e) A corporation may claim a credit or take a carryforward
credit for a qualified capital investment made on or after
January 1, 2003, without regard to whether the county in which it
makes the qualified capital investment has lost its designation as
a strategic investment area if:
(1) the corporation committed to the investment in
that county before January 2003;
(2) at the time the corporation made the commitment,
the county was designated as a strategic investment area;
(3) the total investment is at least $100 million;
(4) the county has a population of less than 15,700;
and
(5) the corporation made a qualified capital
investment in the county in each of the two years preceding the year
in which the corporation made the qualified capital investment
under this subsection.