Amendment SA1-SB76

LRBa0418/1

JK:wlj:jf

2001 - 2002 LEGISLATURE

SENATE AMENDMENT 1, TO 2001 SENATE BILL 76

April 25, 2001 - Offered by Senator Moore.

SB76-SA1,1,1 At the locations indicated, amend the bill as follows:

SB76-SA1,1,2 1. Page 2, line 16: delete lines 16 and 17 and substitute:

SB76-SA1,1,6 "(d) A claimant who claims a credit under this subsection shall add to the claimant's federal adjusted gross income in the taxable year, for income computation purposes under this subchapter, any portion of the guarantee fee that the claimant claims as a deduction for federal tax purposes in the taxable year.".

SB76-SA1,1,7 2. Page 4, line 13: delete lines 13 and 14 and substitute:

SB76-SA1,1,11 "(d) A claimant who claims a credit under this subsection shall add to the claimant's federal adjusted gross income in the taxable year, for income computation purposes under this subchapter, any portion of the guarantee fee that the claimant claims as a deduction for federal tax purposes in the taxable year.".

SB76-SA1,1,12 3. Page 6, line 1: delete lines 1 and 2 and substitute:

SB76-SA1,2,4 "(d) A claimant who claims a credit under this subsection shall add to the claimant's federal adjusted gross income in the taxable year, for income computation purposes under this subchapter, any portion of the guarantee fee that the claimant claims as a deduction for federal tax purposes in the taxable year.".

SB76-SA1,2,5 (End)