Amendment SA16-AB40

LRBb0705/2

MES:jld:ph

2013 - 2014 LEGISLATURE

SENATE AMENDMENT 16, TO ASSEMBLY BILL 40

June 20, 2013 - Offered by Senators Hansen, Wirch, Risser, T. Cullen, Miller, Lehman, Harris, L. Taylor, Erpenbach and C. Larson.

AB40-SA16,1,2 At the locations indicated, amend the bill, as shown by assembly substitute amendment 1, as follows:

AB40-SA16,1,3 1. Page 715, line 6: delete "4.40" and substitute "3.88".

AB40-SA16,1,4 2. Page 715, line 7: delete "5.84" and substitute "6.15".

AB40-SA16,1,5 3. Page 715, line 9: delete "$225,000, 6.27" and substitute "$112,500, 6.50".

AB40-SA16,1,6 4. Page 715, line 10: after that line insert:

AB40-SA16,1,8 "(d) On all taxable income exceeding $112,500, but not exceeding $225,000, 6.75 percent.".

AB40-SA16,1,9 5. Page 715, line 11: delete "(d)" and substitute "(e)".

AB40-SA16,1,10 6. Page 715, line 11: delete "7.65" and substitute "7.75".

AB40-SA16,1,11 7. Page 715, line 21: delete "4.40" and substitute "3.88".

AB40-SA16,1,12 8. Page 715, line 22: delete "5.84" and substitute "6.15".

AB40-SA16,2,1 9. Page 715, line 24: delete "$300,000, 6.27" and substitute "$150,000, 6.50".

AB40-SA16,2,2 10. Page 715, line 25: after that line insert:

AB40-SA16,2,4 "4. On all taxable income exceeding $150,000, but not exceeding $300,000, 6.75 percent.".

AB40-SA16,2,5 11. Page 716, line 1: delete "4. On" and substitute "5. On".

AB40-SA16,2,6 12. Page 716, line 1: delete "7.65" and substitute "7.75".

AB40-SA16,2,7 13. Page 716, line 5: delete "4.40" and substitute "3.88".

AB40-SA16,2,8 14. Page 716, line 6: delete "5.84" and substitute "6.15".

AB40-SA16,2,9 15. Page 716, line 8: delete "$150,000, 6.27" and substitute "$75,000, 6.50".

AB40-SA16,2,10 16. Page 716, line 9: after that line insert:

AB40-SA16,2,12 "4. On all taxable income exceeding $75,000, but not exceeding $150,000, 6.75 percent.".

AB40-SA16,2,13 17. Page 716, line 10: delete "4. On" and substitute "5. On".

AB40-SA16,2,14 18. Page 716, line 10: delete "7.65" and substitute "7.75".

AB40-SA16,2,15 19. Page 716, line 17: delete "and (b)" and substitute "to (c)".

AB40-SA16,2,17 20. Page 716, line 18: delete "(i) 1. and 2., and (j) 1. and 2.," and substitute "(i) 1. and 3., and (j) 1. and 3.,".

AB40-SA16,2,18 21. Page 717, line 16: delete "(c)" and substitute "(d)".

AB40-SA16,2,19 22. Page 717, line 17: delete "3., and (j) 3.," and substitute "4., and (j) 4.,".

AB40-SA16,2,20 23. Page 717, line 17: delete "(d)" and substitute "(e)".

AB40-SA16,2,21 24. Page 717, line 18: delete "4., and (j) 4.," and substitute "5., and (j) 5.,".

AB40-SA16,2,22 (End)