AB923-AA2,1,118
71.21
(5) Section
164 (a) (3) of the internal revenue code is modified so that
9state taxes and taxes of the District of Columbia that are value-added taxes, single
10business taxes or taxes on or measured by all or a portion of net income, gross income,
11gross receipts or capital stock are not deductible.".
AB923-AA2,2,23
2220. Page 26, line 16: delete "or secretary of state, or both" and substitute; ",
23secretary of state or department of financial institutions, or by any combination".
AB923-AA2,3,11
10(1) This act takes effect on July 1, 1996, or on the day after publication,
11whichever is later.".