6492-S.E AMH STOK OBRT 213

ESSB 6492 - H AMD 1100

By Representative Stokesbary

NOT ADOPTED 02/06/2020

Beginning on page 1, line 6, strike sections 1 through 3

Renumber the remaining sections consecutively and correct any internal references accordingly.

On page 15, line 29, after "82.04.290(2)" insert "and 82.04.2907"

On page 15, line 30, strike "1.22" and insert "1.5"

On page 18, beginning on line 9, strike sections 7 through 9 and insert the following:

"NEW SECTION. Sec. This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect immediately.

NEW SECTION. Sec. Section 1 of this act applies both prospectively and retrospectively to January 1, 2020."

Correct the title.

EFFECT: Strikes the service activities business and occupation tax rate increase to 1.75 percent. Increases the advanced computing surcharge to 1.5 percent. Imposes the advanced computing surcharge on gross income from royalties in addition to service activities.

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