Amendment SA39-SA1-SSA1-AB133

LRBb1632/1

MES&ISR&JK:kg:mrc

1999 - 2000 LEGISLATURE

SENATE AMENDMENT 39, TO SENATE AMENDMENT 1, TO SENATE SUBSTITUTE AMENDMENT 1, TO 1999 ASSEMBLY BILL 133

June 30, 1999 - Offered by Senators Lazich, Welch and Ellis.

AB133-SSA1-SA1-SA39,1,1 At the locations indicated, amend the amendment as follows:

AB133-SSA1-SA1-SA39,1,2 1. Page 56, line 8: delete lines 8 to 10.

AB133-SSA1-SA1-SA39,1,3 2. Page 59, line 11: delete lines 11 to 13.

AB133-SSA1-SA1-SA39,1,5 3. Page 67, line 18: delete the material beginning with that line and ending with page 68, line 3.

AB133-SSA1-SA1-SA39,1,6 4. Page 68, line 7: delete lines 7 to 10.

AB133-SSA1-SA1-SA39,1,7 5. Page 96, line 5: delete lines 5 to 19.

AB133-SSA1-SA1-SA39,1,9 6. Page 115, line 21: delete the material beginning with that line and ending with page 116, line 11.

AB133-SSA1-SA1-SA39,1,10 7. Page 142, line 19: delete lines 19 and 20.

AB133-SSA1-SA1-SA39,2,2 8. Page 195, line 21: delete the material beginning with that line and ending with page 196, line 9.

AB133-SSA1-SA1-SA39,2,4 9. Page 198, line 19: delete the material beginning with that line and ending with page 199, line 9, and substitute:

AB133-SSA1-SA1-SA39,2,5 "" Section 1694. 71.06 (1m) (intro.) of the statutes is amended to read:

AB133-SSA1-SA1-SA39,2,11 71.06 (1m) Fiduciaries, single individuals and heads of households; after 1997 and 1998. (intro.) The tax to be assessed, levied and collected upon the taxable incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and single individuals and heads of households shall be computed at the following rates for taxable years beginning after December 31, 1997, and before January 1, 1999:

AB133-SSA1-SA1-SA39, s. 1695 Section 1695. 71.06 (1n) of the statutes is created to read:

AB133-SSA1-SA1-SA39,2,17 71.06 (1n) Fiduciaries, single individuals and heads of households; 1999. The tax to be assessed, levied and collected upon the taxable incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and single individuals and heads of households shall be computed at the following rates for taxable years beginning after December 31, 1998, and before January 1, 2000:

AB133-SSA1-SA1-SA39,2,18 (a) On all taxable income from $0 to $7,620, 4.74%.

AB133-SSA1-SA1-SA39,2,19 (b) On all taxable income exceeding $7,620 but not exceeding $15,240, 6.33%.

AB133-SSA1-SA1-SA39,2,20 (c) On all taxable income exceeding $15,240, 6.73%.

AB133-SSA1-SA1-SA39, s. 1696 Section 1696. 71.06 (1p) of the statutes is created to read:

AB133-SSA1-SA1-SA39,3,2 71.06 (1p) Fiduciaries, single individuals and heads of households; after 1999. The tax to be assessed, levied and collected upon the taxable incomes of all fiduciaries, except fiduciaries of nuclear decommissioning trust or reserve funds, and single individuals and heads of households shall be computed at the following rates for taxable years beginning after December 31, 1999:

AB133-SSA1-SA1-SA39,3,3 (a) On all taxable income from $0 to $7,620, 4.53%.

AB133-SSA1-SA1-SA39,3,4 (b) On all taxable income exceeding $7,620 but not exceeding $15,240, 6.05%.

AB133-SSA1-SA1-SA39,3,5 (c) On all taxable income exceeding $15,240, 6.43%.

AB133-SSA1-SA1-SA39, s. 1697 Section 1697. 71.06 (2) (c) (intro.) of the statutes is amended to read:

AB133-SSA1-SA1-SA39,3,8 71.06 (2) (c) (intro.) For joint returns, for taxable years beginning after December 31, 1997, and before January 1, 1999:

AB133-SSA1-SA1-SA39, s. 1698 Section 1698. 71.06 (2) (d) (intro.) of the statutes is amended to read:

AB133-SSA1-SA1-SA39,3,11 71.06 (2) (d) (intro.) For married persons filing separately, for taxable years beginning after December 31, 1997, and before January 1, 1999:

AB133-SSA1-SA1-SA39, s. 1699 Section 1699. 71.06 (2) (e) of the statutes is created to read:

AB133-SSA1-SA1-SA39,3,14 71.06 (2) (e) For joint returns, for taxable years beginning after December 31, 1998, and before January 1, 2000:

AB133-SSA1-SA1-SA39,3,15 1. On all taxable income from $0 to $10,160, 4.74%.

AB133-SSA1-SA1-SA39,3,16 2. On all taxable income exceeding $10,160 but not exceeding $20,320, 6.33%.

AB133-SSA1-SA1-SA39,3,17 3. On all taxable income exceeding $20,320, 6.73%.

AB133-SSA1-SA1-SA39, s. 1700 Section 1700. 71.06 (2) (f) of the statutes is created to read:

AB133-SSA1-SA1-SA39,3,20 71.06 (2) (f) For married persons filing separately, for taxable years beginning after December 31, 1998, and before January 1, 2000:

AB133-SSA1-SA1-SA39,3,21 1. On all taxable income from $0 to $5,080, 4.74%.

AB133-SSA1-SA1-SA39,3,22 2. On all taxable income exceeding $5,080 but not exceeding $10,160, 6.33%.

AB133-SSA1-SA1-SA39,3,23 3. On all taxable income exceeding $10,160, 6.73%.

AB133-SSA1-SA1-SA39, s. 1701 Section 1701. 71.06 (2) (g) of the statutes is created to read:

AB133-SSA1-SA1-SA39,4,2 71.06 (2) (g) For joint returns, for taxable years beginning after December 31, 1999:

AB133-SSA1-SA1-SA39,4,3 1. On all taxable income from $0 to $10,160, 4.53%.

AB133-SSA1-SA1-SA39,4,4 2. On all taxable income exceeding $10,160 but not exceeding $20,320, 6.05%.

AB133-SSA1-SA1-SA39,4,5 3. On all taxable income exceeding $20,320, 6.43%.

AB133-SSA1-SA1-SA39, s. 1702 Section 1702. 71.06 (2) (h) of the statutes is created to read:

AB133-SSA1-SA1-SA39,4,8 71.06 (2) (h) For married persons filing separately, for taxable years beginning after December 31, 1999:

AB133-SSA1-SA1-SA39,4,9 1. On all taxable income from $0 to $5,080, 4.53%.

AB133-SSA1-SA1-SA39,4,10 2. On all taxable income exceeding $5,080 but not exceeding $10,160, 6.05%.

AB133-SSA1-SA1-SA39,4,11 3. On all taxable income exceeding $10,160, 6.43%.