Amendment AA1-AB308

LRBa1242/1

JK:emw

2021 - 2022 LEGISLATURE

ASSEMBLY AMENDMENT 1, TO ASSEMBLY BILL 308

February 7, 2022 - Offered by Representative Krug.

AB308-AA1,1,1 At the locations indicated, amend the bill as follows:

AB308-AA1,1,2 1. Page 2, line 14: delete “Subject to sub. (5s), every" and substitute “ Every".

AB308-AA1,1,3 2. Page 5, line 3: delete lines 3 to 18 and substitute:

AB308-AA1,1,4 “ Section 3b. 71.10 (5s) (d) 1. of the statutes is amended to read:

AB308-AA1,1,9 71.10 (5s) (d) 1. If more than 11 checkoffs exist under this section after August 14, 2014, and every 2 years thereafter, not including the checkoff under sub. (5fm) (5fn), only the 8 highest ranking checkoffs for which designations were made in the previous 2-year period may appear on the income tax form for the next 2 taxable years.

AB308-AA1,3d Section 3d. 71.10 (5s) (d) 4. of the statutes is amended to read:

AB308-AA1,1,13 71.10 (5s) (d) 4. If 10 checkoffs exist under this section after August 14, 2014, not including the checkoff under sub. (5fm) (5fn), those 10 checkoffs may appear on the income tax form for the next 2 taxable years.

AB308-AA1,3e Section 3e. 71.10 (5s) (d) 5. of the statutes is amended to read:

AB308-AA1,2,9 71.10 (5s) (d) 5. If 11 checkoffs exist under this section after August 14, 2014, not including the checkoff under sub. (5fm) (5fn), only the 9 highest ranking checkoffs for which designations were made in the previous 2-year period may appear on the income tax form for the next 2 taxable years. The remaining checkoff for which designations may be made and which shall be placed on the income tax form for the next 2 taxable years, in place of the lowest ranking checkoff, shall be a checkoff that has not received any designations during the previous 2-year period. This last checkoff shall be selected using the method described under subd. 3.”.

AB308-AA1,2,10 (End)