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2023 - 2024 LEGISLATURE
SENATE AMENDMENT 1,
TO SENATE BILL 102
February 27, 2024 - Offered by Senator Jacque.
SB102-SA1,1,11 At the locations indicated, amend the bill as follows:
SB102-SA1,1,2 21. Page 2, line 18: after that line insert:
SB102-SA1,1,3 3 Section 3d. 71.07 (6e) (c) 5. of the statutes is created to read:
SB102-SA1,1,74 71.07 (6e) (c) 5. For an individual whose service-connected disability rating is
5less than 100 percent, the amount of the credit claimed under this subsection may
6not exceed the amount of the property taxes paid on the first $350,000 of the
7property's assessed value for the taxable year to which the claim relates.
SB102-SA1,3e 8Section 3e. 71.07 (6e) (c) 6. of the statutes is created to read:
SB102-SA1,1,129 71.07 (6e) (c) 6. No credit may be claimed under this subsection by an
10individual who is first eligible to claim the credit for taxable years beginning after
11December 31, 2023, and whose taxable income for the taxable year to which the claim
12relates exceeds any of the following amounts:
SB102-SA1,1,1313 a. For single individuals and heads of households, $100,000.
SB102-SA1,2,3
1b. For married persons, $150,000. For purposes of this subd. 6. b. the sum of
2the taxable income of both persons may not exceed $150,000, regardless of whether
3the persons file a joint return or separate returns.”.
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