Amendment SA15-SSA1-SB7

LRBa1013/1

MES:jlg:km

1997 - 1998 LEGISLATURE

SENATE AMENDMENT 15, TO SENATE SUBSTITUTE AMENDMENT 1, TO 1997 SENATE BILL 7

November 4, 1997 - Offered by Senators Grobschmidt, Wineke and Chvala.

SB7-SSA1-SA15,1,1 At the locations indicated, amend the substitute amendment as follows:

SB7-SSA1-SA15,1,2 1. Page 50, line 19: after that line insert:

SB7-SSA1-SA15,1,3 " Section 124c. 71.10 (3) (b) of the statutes is amended to read:

SB7-SSA1-SA15,2,2 71.10 (3) (b) The secretary of revenue shall provide a place for those designations on the face of the individual income tax return, immediately above the signature line, and shall provide next to that place a statement that a designation will not increase tax liability. Annually on August 15, the secretary of revenue shall certify to the elections board, the department of administration and the state treasurer under s. 11.50 the total amount of designations made during the preceding fiscal year. If any individual attempts to place any condition or restriction upon a designation, that individual is deemed not to have made a designation on his or her tax return. Designations under this subsection may be made only by the individual filing the income tax return and not by a paid tax preparer or by any other person.".

SB7-SSA1-SA15,2,3 2. Page 55, line 13: after that line insert:

SB7-SSA1-SA15,2,5 "(3f) The treatment of section 71.10 (3) (b) of the statutes first applies to tax returns for taxable years beginning on January 1, 1999.".

SB7-SSA1-SA15,2,6 (End)