2433‑S AMH FUHR LONG 138

SHB 2433 ‑ H AMD 1009 LOST 2-14-94

By Representative Fuhrman

     On page 1, line 8, strike "equal to" and insert "based on"

     On page 1, after line 10, insert:

     "(a) For contributions made during calendar year 1994, the credit shall equal one hundred percent of the contribution.

     (b) For contributions made during calendar year 1995, the credit shall equal ninety percent of the contribution.

     (c) For contributions made during calendar year 1996, the credit shall equal eighty percent of the contribution.

     (d) For contributions made during calendar year 1997, the credit shall equal seventy percent of the contribution.

     (e) For contributions made during calendar year 1998, the credit shall equal sixty percent of the contribution.

     (f) For contributions made during calendar years 1999 and 2000, the credit shall equal fifty percent of the contribution."

EFFECT:  Reduces the credit by 10% per year until the credit is 50% of the contribution.