Amendment AA11-ASA2-AB941

LRBa2205/1

ISR&MES:cjs:hmh

1999 - 2000 LEGISLATURE

ASSEMBLY AMENDMENT 11, TO ASSEMBLY SUBSTITUTE AMENDMENT 2, TO 1999 ASSEMBLY BILL 941

March 29, 2000 - Offered by Representative Carpenter.

AB941-ASA2-AA11,1,1 At the locations indicated, amend the substitute amendment as follows:

AB941-ASA2-AA11,1,3 1. Page 1, line 5: after "committee," insert "the sales tax and use tax on certain manufacturers' rebates and discounts,".

AB941-ASA2-AA11,1,4 2. Page 5, line 22: after that line insert:

AB941-ASA2-AA11,1,5 " Section 10m. 77.51 (4) (b) 8. of the statutes is created to read:

AB941-ASA2-AA11,1,7 77.51 (4) (b) 8. Manufacturers' rebates and discounts that apply to the property sold and that are directly applied against the purchase price.

AB941-ASA2-AA11, s. 10p Section 10p. 77.51 (15) (b) 7. of the statutes is created to read:

AB941-ASA2-AA11,1,10 77.51 (15) (b) 7. Manufacturers' rebates and discounts that apply to the property sold and that are directly applied against the purchase price.".

AB941-ASA2-AA11,1,11 3. Page 7, line 17: after that line insert:

AB941-ASA2-AA11,2,2 "(2r) The treatment of section 77.51 (4) (b) 8. and (15) (b) 7. of the statutes takes effect on the first day of the 2nd month beginning after publication.".

AB941-ASA2-AA11,2,3 (End)