Amendment AA2-AB734

2017 - 2018 LEGISLATURE

ASSEMBLY AMENDMENT 2, TO ASSEMBLY BILL 734

February 15, 2018 - Offered by Representatives Stafsholt and Billings.

AB734-AA2,1,1 At the locations indicated, amend the bill as follows:

AB734-AA2,1,2 1. Page 2, line 1: delete “b. to d." and substitute “b. to e.".

AB734-AA2,1,3 2. Page 2, line 2: after “expenses" insert “or fees".

AB734-AA2,1,5 3. Page 2, line 4: after “program" insert “or to have the right to participate in related instruction".

AB734-AA2,1,6 4. Page 2, line 11: after that line insert:

AB734-AA2,1,8 “e. In this subdivision, “related instruction” means related instruction, as described under s. 106.01 (6).”.

AB734-AA2,1,9 5. Page 2, line 13: delete lines 13 to 16 and substitute:

AB734-AA2,1,12 “71.26 (1) (i) Apprenticeship program tuition payments. 1. Subject to the limitations and definitions in this paragraph, for taxable years beginning after December 31, 2017, any of the following amounts a taxpayer paid in the taxable year:

AB734-AA2,2,2 a. Any amount paid for tuition expenses for an individual to participate in an apprenticeship program.

AB734-AA2,2,4 b. Any amount contributed to an apprenticeship program fund to the extent the contribution is used directly or indirectly to provide related instruction.

AB734-AA2,2,6 2. No taxpayer may claim a deduction under this paragraph for any amount for which the taxpayer receives reimbursement under s. 106.05 (2).

AB734-AA2,2,7 3. In this paragraph:

AB734-AA2,2,8 a. “Apprenticeship program” has the meaning given in s. 106.001 (4).

AB734-AA2,2,11 b. “Apprenticeship program fund” means a separate fund that is established and maintained by one or more sponsors for the purpose of paying the costs and expenses of operating an apprenticeship program.

AB734-AA2,2,13 c. “Related instruction” means related instruction, as described under s. 106.01 (6).

AB734-AA2,2,14 d. “Sponsor” has the meaning given in s. 106.001 (8).”.

AB734-AA2,2,15 6. Page 2, line 18: delete lines 18 to 20 and substitute:

AB734-AA2,2,18 “71.45 (1) (d) 1. Subject to the limitations and definitions in this paragraph, for taxable years beginning after December 31, 2017, any of the following amounts a taxpayer paid in the taxable year:

AB734-AA2,2,20 a. Any amount paid for tuition expenses for an individual to participate in an apprenticeship program.

AB734-AA2,2,22 b. Any amount contributed to an apprenticeship program fund to the extent the contribution is used directly or indirectly to provide related instruction.

AB734-AA2,2,24 2. No taxpayer may claim a deduction under this paragraph for any amount for which the taxpayer receives reimbursement under s. 106.05 (2).

AB734-AA2,3,1 3. In this paragraph:

AB734-AA2,3,2 a. “Apprenticeship program” has the meaning given in s. 106.001 (4).

AB734-AA2,3,5 b. “Apprenticeship program fund” means a separate fund that is established and maintained by one or more sponsors for the purpose of paying the costs and expenses of operating an apprenticeship program.

AB734-AA2,3,7 c. “Related instruction” means related instruction, as described under s. 106.01 (6).

AB734-AA2,3,8 d. “Sponsor” has the meaning given in s. 106.001 (8).”.

AB734-AA2,3,9 (End)