Amendment SA1-SB43

LRBa0233/1

EKL:amn

2021 - 2022 LEGISLATURE

SENATE AMENDMENT 1, TO SENATE BILL 43

February 25, 2021 - Offered by Senator Jacque.

SB43-SA1,1,1 At the locations indicated, amend the bill as follows:

SB43-SA1,1,2 1. Page 2, line 1: before that line insert:

SB43-SA1,1,3 “ Section 1c. 71.05 (6) (b) 34. of the statutes is repealed.”.

SB43-SA1,1,4 2. Page 2, line 1: on lines 1 and 2, delete “54." and substitute “55.".

SB43-SA1,1,6 3. Page 2, line 5: delete the material beginning with “, to the extent" and ending with “under subd. 34" on line 6.

SB43-SA1,1,7 4. Page 2, line 6: after that line insert:

SB43-SA1,1,8 “ Section 1m. 71.07 (6m) (c) 4. of the statutes is amended to read:

SB43-SA1,1,10 71.07 (6m) (c) 4. No credit may be claimed under this subsection by an individual who claims the subtraction under s. 71.05 (6) (b) 34. , 2019 stats.”.

SB43-SA1,1,11 5. Page 2, line 9: after that line insert:

SB43-SA1,1,12 “ Section 4. Initial applicability.

SB43-SA1,2,3 (1) Repeal of subtraction for specified service. The treatment of ss. 71.05 (6) (b) 34. and 71.07 (6m) (c) 4. first applies to taxable years beginning after December 31, 2020.”.

SB43-SA1,2,4 (End)