Amendment AA1-AB299

LRBa0522/2

JK:kmg:pg

2003 - 2004 LEGISLATURE

ASSEMBLY AMENDMENT 1, TO 2003 ASSEMBLY BILL 299

May 28, 2003 - Offered by Representative Suder.

AB299-AA1,1,1 At the locations indicated, amend the bill as follows:

AB299-AA1,1,2 1. Page 2, line 2: delete "s." and substitute "s. ss.".

AB299-AA1,1,3 2. Page 2, line 3: after "71.02" insert "and 71.08".

AB299-AA1,1,4 3. Page 2, line 9: after that line insert:

AB299-AA1,1,6 " Section 1m. 71.08 (1) (intro.) of the statutes, as affected by 2001 Wisconsin Act 109, is repealed and recreated to read:

AB299-AA1,2,2 71.08 (1) Imposition. (intro.) If the tax imposed on a natural person, married couple filing jointly, trust or estate under s. 71.02, not considering the credits under ss. 71.07 (1), (2dd), (2de), (2di), (2dj), (2dL), (2dr), (2ds), (2dx), (2fd), (3g), (3m), (3s), (6), and (9e), 71.28 (1dd), (1de), (1di), (1dj), (1dL), (1ds), (1dx), (1fd), (2m), (3), and (3g), and 71.47 (1dd), (1de), (1di), (1dj), (1dL), (1ds), (1dx), (1fd), (2m), (3), and (3g), and subchs. VIII and IX and payments to other states under s. 71.07 (7), is less than the tax under this section, there is imposed on that natural person, married couple filing jointly, trust or estate, instead of the tax under s. 71.02, an alternative minimum tax computed as follows:".

AB299-AA1,2,3 (End)