Amendment SA39-SA1-SSA1-AB133

AB133-SSA1-SA1-SA39,8,2 71.52 (5g) "Household income" means, for claims filed in 2000 and thereafter, all income received by all persons of a household in a calendar year while members of the household, less $340 for each of the claimant's dependents, as defined in section 152 of the Internal Revenue Code, who have the same principal abode as the claimant for more than 6 months during the year to which the claim relates.

AB133-SSA1-SA1-SA39, s. 1763e Section 1763e. 71.54 (1) (d) (intro.) of the statutes is amended to read:

AB133-SSA1-SA1-SA39,8,6 71.54 (1) (d) 1991 and thereafter to 1998. (intro.) The amount of any claim filed in 1991 and thereafter to 1998 and based on property taxes accrued or rent constituting property taxes accrued during the previous year is limited as follows:

AB133-SSA1-SA1-SA39, s. 1763g Section 1763g. 71.54 (1) (e) of the statutes is created to read:

AB133-SSA1-SA1-SA39,8,10 71.54 (1) (e) 1999. The amount of any claim filed in 1999 and based on property taxes accrued or rent constituting property taxes accrued during the previous year is limited as follows:

AB133-SSA1-SA1-SA39,8,13 1. If the household income was $10,510 or less in the year to which the claim relates, the claim is limited to 85% of the property taxes accrued or rent constituting property taxes accrued or both in that year on the claimant's homestead.

AB133-SSA1-SA1-SA39,8,17 2. If the household income was more than $10,510 in the year to which the claim relates, the claim is limited to 85% of the amount by which the property taxes accrued or rent constituting property taxes accrued or both in that year on the claimant's homestead exceeds 13.528% of the household income exceeding $10,510.

AB133-SSA1-SA1-SA39,8,19 3. No credit may be allowed if the household income of a claimant exceeds $23,890.

AB133-SSA1-SA1-SA39, s. 1763i Section 1763i. 71.54 (1) (f) of the statutes is created to read:

AB133-SSA1-SA1-SA39,8,23 71.54 (1) (f) 2000 and thereafter. The amount of any claim filed in 2000 and thereafter and based on property taxes accrued or rent constituting property taxes accrued during the previous year is limited as follows:

AB133-SSA1-SA1-SA39,9,3 1. If the household income was $10,720 or less in the year to which the claim relates, the claim is limited to 85% of the property taxes accrued or rent constituting property taxes accrued or both in that year on the claimant's homestead.

AB133-SSA1-SA1-SA39,9,7 2. If the household income was more than $10,720 in the year to which the claim relates, the claim is limited to 85% of the amount by which the property taxes accrued or rent constituting property taxes accrued or both in that year on the claimant's homestead exceeds 13.489% of the household income exceeding $10,720.

AB133-SSA1-SA1-SA39,9,9 3. No credit may be allowed if the household income of a claimant exceeds $24,360.

AB133-SSA1-SA1-SA39, s. 1763k Section 1763k. 71.54 (2) (b) 3. of the statutes is amended to read:

AB133-SSA1-SA1-SA39,9,12 71.54 (2) (b) 3. In calendar year years 1990 or any subsequent calendar year to 1997, $1,450.

AB133-SSA1-SA1-SA39, s. 1763L Section 1763L. 71.54 (2) (b) 4. of the statutes is created to read:

AB133-SSA1-SA1-SA39,9,14 71.54 (2) (b) 4. In calendar year 1998, $1,810.

AB133-SSA1-SA1-SA39, s. 1763n Section 1763n. 71.54 (2) (b) 5. of the statutes is created to read:

AB133-SSA1-SA1-SA39,9,17 71.54 (2) (b) 5. In calendar year 1999 and any subsequent calendar year, $1,840.".".

AB133-SSA1-SA1-SA39,9,18 13. Page 209, line 20: before that line insert:

AB133-SSA1-SA1-SA39,9,19 "774r. Page 944, line 22: delete lines 22 to 25.".

AB133-SSA1-SA1-SA39,9,20 14. Page 209, line 22: delete lines 22 and 23 and substitute:

AB133-SSA1-SA1-SA39,9,21 "779m. Page 947, line 4: delete "shall" and substitute "may not".

AB133-SSA1-SA1-SA39,9,23 779r. Page 947, line 7: delete "on July 1, 2000" and substitute "before July 1, 2001".".

AB133-SSA1-SA1-SA39,10,2 15. Page 217, line 20: delete the material beginning with that line and ending with page 219, line 2.

AB133-SSA1-SA1-SA39,10,3 16. Page 406, line 10: delete lines 10 to 14.

AB133-SSA1-SA1-SA39,10,4 17. Page 422, line 3: delete lines 3 to 10.

AB133-SSA1-SA1-SA39,10,5 18. Page 519, line 7: delete that line.

AB133-SSA1-SA1-SA39,10,7 19. Page 519, line 23: delete the material beginning with that line and ending with page 520, line 15.

AB133-SSA1-SA1-SA39,10,8 20. Page 520, line 16: delete lines 16 to 21.

AB133-SSA1-SA1-SA39,10,9 21. Page 540, line 9: delete that line and substitute:

AB133-SSA1-SA1-SA39,10,10 "1312m. Page 1600, line 4: delete lines 4 to 6.".

AB133-SSA1-SA1-SA39,10,12 22. Page 540, line 21: delete the material beginning with that line and ending with page 541, line 3.

AB133-SSA1-SA1-SA39,10,13 (End)