5304-S2 AMS HARG S2420.1

2SSB 5304 - S AMD  000196

By Senators Hargrove and Owen

                                               NOT ADOPTED 3/12/93

    On page 116, beginning on line 1, strike all of section 351 and insert the following:

    "NEW SECTION. Sec. 351.  A new section is added to chapter 82.04 RCW to read as follows:

    (1) On or after July 1, 1997, in computing tax under this chapter, employers with less than twenty-five full-time or part-time employees, or a combination of full and part-time employees, who comply with the requirements of section 350 of this act, may have credited against the amount of tax the following amount:  The portion of the cost of the premium contributions made on behalf of employees and dependents on the basis of that sum multiplied by the percentage that amount equals in relation to the total premiums due such certified health plans.

    (2) The department of revenue shall, on an annual basis, advise the Washington health services commission and the fiscal committees of the legislature of the aggregate total of the tax credits allowed under this section.  The legislature shall then reimburse the general fund in an amount equal to such credits by an appropriation from the health services trust account."

    On page 116, line 27, after "through" strike "351" and insert "350"

2SSB 5304 - S AMD  000197

By Senators Hargrove and Owen

    On page 1, line 17 of the title, after "48.14 RCW;" strike "adding a new section" and insert "adding new sections"

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