6533-S AMH ERIM PETE 102

SSB 6533 - H AMD 1169

By Representative Ericks

ADOPTED 3/8/2006

   On page 1, line 10, strike "fifty percent" and insert "twenty-five percent from July 1, 2006 through June 30, 2007, fifty percent from July 1, 2007 through June 30, 2008, seventy-five percent from July 1, 2008 through June 30, 2009 and one-hundred percent after June 30, 2009"

EFFECT: Phases in the tax credit as follows: 25% credit for July 1, 2006 to June 30, 2007, 50% from July 1, 2007 to June 30, 2008, 75% from July 1, 2008 to June 30, 2009, and 100% after June 30, 2009.