5693-S.E AMH RYUC VANJ 098


ESSB 5693 - H AMD TO H AMD (H-2871.1/22) 1159

By Representative Ryu

ADOPTED 02/26/2022

On page 102, line 30, after "businesses" insert "and nonprofits"

On page 102, line 39, after "in" strike "the most recent"

On page 102, line 39, after "year" insert "2019"

On page 103, line 29, after "(iii)" strike all material through "(iv)" on line 32

EFFECT:   Clarifies that nonprofits may also receive assistance under the grant program to assist convention-dependent businesses. Requires businesses to have not reported annual gross receipts of more than $100 million in calendar year 2019, rather than the most recent calendar year. Removes the requirement for eligible businesses to provide financial records related to state or federal grants or loans received in 2020, 2021, and 2022.

FISCAL IMPACT: No net change to appropriated levels.

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