Rep. G.R. SMITH proposes the following Amendment No. to H. 3568 (COUNCIL\NBD\3568C001.NBD.SA15):

Reference is to Printer's Date 2/11/15-H.

Amend the bill, as and if amended, by striking all after the enacting clause and inserting:

/      SECTION      1.      Section 12-36-2120 of the 1976 Code is amended by adding an appropriately numbered item at the end to read:

     "( )      construction materials used by an entity organized under Section 501(c)(3) of the Internal Revenue Code as a nonprofit corporation to build, rehabilitate, or repair a home for the benefit of an individual or family in need. For purposes of this item, 'an individual or family in need' means an individual or family, as applicable, whose income is less than or equal to eighty percent of the Area Median Income."

SECTION      2.      This act takes effect January 1, 2016.      /

Renumber sections to conform.
Amend title to conform.