Amendment AA5-ASA1-AB251

LRBa0383/1

JK:cjs

2019 - 2020 LEGISLATURE

ASSEMBLY AMENDMENT 5, TO ASSEMBLY SUBSTITUTE AMENDMENT 1, TO ASSEMBLY BILL 251

June 19, 2019 - Offered by Representative Vos.

AB251-ASA1-AA5,1,1 At the locations indicated, amend the substitute amendment as follows:

AB251-ASA1-AA5,1,2 1. Page 5, line 21: after that line insert:

AB251-ASA1-AA5,1,3 “ Section 10d. 73.03 (74) of the statutes is created to read:

AB251-ASA1-AA5,1,9 73.03 (74) To provide a one-time reduction from the total tax due in a written notice by the department of an audit determination under s. 77.59 (2) equal to 10 percent of the additional sales tax imposed under s. 77.52 for each year of the audit period, if the annual gross sales of the person being audited are less than $5,000,000 for each year of the audit period. This subsection applies to all such audit determinations regardless of when the determinations are made.”.

AB251-ASA1-AA5,1,10 2. Page 12, line 2: after that line insert:

AB251-ASA1-AA5,2,2 “(1d) Reduction of audit determinations. The treatment of s. 73.03 (74) takes effect on October 1, 2019.”.

AB251-ASA1-AA5,2,3 (End)